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
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

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