Bingaman Precision Metal Spinning Corp

$505,000 PPP Loan in Rolling Meadows, Illinois

Loan Details

Loan Number
4023028509
Date Approved
Feb 25, 2021
Loan Status
Paid in Full
Initial Approval
$505,000
Current Approval
$505,000
Forgiveness Amount
$508,874
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Bingaman Precision Metal Spinning Corp
Address
1000 Carnegie St
ZIP Code
60008-1007
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$8.4M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$504,997
Utilities
$1

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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