Simtek Systems Inc.

$150,000 PPP Loan in Franklin Park, Illinois

Loan Details

Loan Number
2758307701
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$150,000
Current Approval
$150,000
Forgiveness Amount
$151,343
Forgiveness Date
Mar 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Simtek Systems Inc.
Address
10171 Franklin Ave
ZIP Code
60131
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$122,000
Rent
$5,000
Utilities
$3,000
Health Care
$17,000
Debt Interest
$3,000

Lender Information

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

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