Industrial Metals Recycling Corporation

$679,025 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
3417017105
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$679,025
Current Approval
$767,841
Forgiveness Amount
$774,452
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Metals Recycling Corporation
Address
955 Brandt Dr
City
Elgin
ZIP Code
60120-1601
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$767,841

Lender Information

Servicing Lender
Old National Bank
Originating Lender
First Midwest Bank, a Division of Old National Bank

Other PPP Loans in Elgin, IL

BusinessApproved
Lending Solutions, Inc.$7,198,353NewBizBotAI Deep Dive
Mkd Electric, Inc.$6,654,400NewBizBotAI Deep Dive
Fox Valley Fire & Safety Co.$4,511,500NewBizBotAI Deep Dive
Ihc Construction Companies, LLC$4,319,724NewBizBotAI Deep Dive
Proven Performers, Inc.$3,851,900NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free