M & E Components, Inc. DBA M & E Global Group Inc.

$434,337 PPP Loan in Joliet, Illinois

Loan Details

Loan Number
2861257207
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$434,337
Current Approval
$434,337
Forgiveness Amount
$438,369
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
M & E Components, Inc. DBA M & E Global Group Inc.
Address
1828 Mound Rd
City
Joliet
ZIP Code
60436
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$7.8M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$173,735
Rent
$39,602
Utilities
$76,000
Health Care
$125,000
Mortgage Interest
$20,000

Lender Information

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

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