Progressive Components International Corporation

$1,078,650 PPP Loan in Wauconda, Illinois

Loan Details

Loan Number
2455637110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,078,650
Current Approval
$1,078,650
Forgiveness Amount
$1,091,041
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Progressive Components International Corporation
Address
235 Industrial Drive 0.0
ZIP Code
60084-1078
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$17.2M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$908,250
Rent
$48,000
Utilities
$4,400
Health Care
$118,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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