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Promet Processing Corporation

$401,982 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
4198048408
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$401,982
Current Approval
$401,982
Forgiveness Amount
$405,187
Forgiveness Date
Nov 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Promet Processing Corporation
Address
390 River Ridge Dr
City
Elgin
State
Illinois
ZIP Code
60123-9370
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$8.8M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$401,982

Lender Information

Servicing Lender
Barrington Bank & Trust Company, National Association
Originating Lender
Barrington Bank & Trust Company, National Association

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