Custom Iron Works, Inc.

$89,500 PPP Loan in South Beloit, Illinois

Loan Details

Loan Number
4833507005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$89,500
Current Approval
$89,500
Forgiveness Amount
$90,172
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Custom Iron Works, Inc.
Address
540 Eastern Ave
ZIP Code
61080-1924
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$67,125
Rent
$11,188
Utilities
$11,187

Lender Information

Servicing Lender
Northwest Bank of Rockford
Originating Lender
Northwest Bank of Rockford

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