Majestic Distributing Co INC
$309,763 PPP Loan in Elgin, Illinois
Loan Details
- Loan Number
- 2517497101
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $309,763
- Current Approval
- $309,763
- Forgiveness Amount
- $312,964
- Forgiveness Date
- Apr 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Majestic Distributing Co INC
- Address
- 1255 Bowes Rd
- City
- Elgin
- State
- Illinois
- ZIP Code
- 60123-5542
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811412)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 21
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $257,475
- Rent
- $24,000
- Utilities
- $4,328
- Health Care
- $23,960
Lender Information
- Servicing Lender
- Tbk Bank, Ssb
- Originating Lender
- Tbk Bank, Ssb
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