Monitor Technologies LLC

$455,000 PPP Loan in Elburn, Illinois

Loan Details

Loan Number
4452307207
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$455,000
Current Approval
$455,000
Forgiveness Amount
$460,814
Forgiveness Date
Aug 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monitor Technologies LLC
Address
44w320 Keslinger Rd
City
Elburn
ZIP Code
60119-9702
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (334513)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$10.2M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$375,000
Utilities
$10,000
Health Care
$52,000
Mortgage Interest
$18,000

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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