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Mechanical 24, Inc.

$212,400 PPP Loan in Dundee, Illinois

Loan Details

Loan Number
4975247005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$212,400
Current Approval
$212,400
Forgiveness Amount
$214,577
Forgiveness Date
Apr 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mechanical 24, Inc.
Address
155 Prairie Lake Rd Unit C
City
Dundee
State
Illinois
ZIP Code
60118-9116
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$169,920
Rent
$21,240
Utilities
$10,620
Mortgage Interest
$10,620

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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