Avers Machine and Gear

$387,800 PPP Loan in Schiller Park, Illinois

Loan Details

Loan Number
2957868410
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$387,800
Current Approval
$387,800
Forgiveness Amount
$391,096
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Avers Machine and Gear
Address
3999 25th Ave
ZIP Code
60176-2175
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339991)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$9.8M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$387,799

Lender Information

Servicing Lender
Heartland Bank and Trust Company
Originating Lender
Heartland Bank and Trust Company

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