Reg Ellen Machine Tool Corp

$106,200 PPP Loan in Rockford/il, Illinois

Loan Details

Loan Number
4887587002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$106,200
Current Approval
$106,200
Forgiveness Amount
$106,799
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Reg Ellen Machine Tool Corp
Address
2315 Kishwaukee St
ZIP Code
61104-7040
Business Type
Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.7M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$80,000
Rent
$20,000
Utilities
$6,200

Lender Information

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

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