Material Systems, Inc.
$151,647 PPP Loan in Des Plaines, Illinois
Loan Details
- Loan Number
- 2598137709
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $151,647
- Current Approval
- $151,647
- Forgiveness Amount
- $152,572
- Forgiveness Date
- Dec 14, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Material Systems, Inc.
- Address
- 2297 S Mount Prospect Rd
- City
- Des Plaines
- State
- Illinois
- ZIP Code
- 60018
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423830)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $109,097
- Rent
- $25,500
- Utilities
- $1,200
- Health Care
- $15,850
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Des Plaines, IL
| Business | Approved | |
|---|---|---|
| Illinois Bone and Joint Institute LLC | $10,000,000 | |
| Lutheran Social Services of Illinois | $9,985,367 | |
| Institute of Gas Technology | $8,548,767 | |
| Lorig Construction Company | $7,403,982 | |
| Svanaco, Inc. | $6,287,000 |
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