Clingan Steel Inc.
$1,259,492 PPP Loan in Elk Grove Village, Illinois
Loan Details
- Loan Number
- 5011048207
- Date Approved
- Aug 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,259,492
- Current Approval
- $1,259,492
- Forgiveness Amount
- $1,270,978
- Forgiveness Date
- Jul 9, 2021
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Clingan Steel Inc.
- Address
- 2525 Arthur Ave
- State
- Illinois
- ZIP Code
- 60007-6019
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (331221)
- Business Age
- Change of Ownership
- Jobs Reported
- 90
- Estimated Revenue
- $23.6M
- Rural/Urban
- Urban
- Congressional District
- IL-03
Loan Use Breakdown
- Payroll
- $803,492
- Rent
- $206,000
- Utilities
- $25,000
- Health Care
- $225,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Elk Grove Village, IL
| Business | Approved | |
|---|---|---|
| Sigma Tron International, Inc. | $6,282,973 | |
| Steiner Electric Company | $6,090,670 | |
| Atl Tire Services LLC | $4,884,173 | |
| Thunderbird LLC | $4,238,915 | |
| Klc Global Services Ltd | $4,100,678 |
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