Precision Wheel Repair, Inc.

$316,700 PPP Loan in Palatine, Illinois

Loan Details

Loan Number
4828037001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$316,700
Current Approval
$316,700
Forgiveness Amount
$319,520
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Wheel Repair, Inc.
Address
649 S Vermont St
ZIP Code
60067-6949
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$8.4M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$237,525
Rent
$39,588
Utilities
$39,588

Lender Information

Servicing Lender
Community Bank of Elmhurst
Originating Lender
Community Bank of Elmhurst

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