Simmons Knife & Saw, LLC DBA Simmons Kn Ife & Saw, LLC

$968,937 PPP Loan in Glendale Heights, Illinois

Loan Details

Loan Number
2968487108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$968,937
Current Approval
$968,937
Forgiveness Amount
$974,476
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Simmons Knife & Saw, LLC DBA Simmons Kn Ife & Saw, LLC
Address
400 Regency Dr
ZIP Code
60139
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332216)
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$19.1M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$802,937
Rent
$50,000
Utilities
$10,000
Health Care
$68,000
Debt Interest
$38,000

Lender Information

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

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