Absolute Process Instruments, Inc.
$347,000 PPP Loan in Libertyville, Illinois
Loan Details
- Loan Number
- 5017187001
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $347,000
- Current Approval
- $347,000
- Forgiveness Amount
- $349,429
- Forgiveness Date
- Dec 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Absolute Process Instruments, Inc.
- Address
- 1220 American Way
- City
- Libertyville
- State
- Illinois
- ZIP Code
- 60048-3936
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (334519)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 23
- Estimated Revenue
- $6.0M
- Rural/Urban
- Urban
- Congressional District
- IL-10
Loan Use Breakdown
- Payroll
- $260,250
- Rent
- $43,375
- Utilities
- $43,375
Lender Information
- Servicing Lender
- Lake Forest Bank & Trust Company, National Association
- Originating Lender
- Lake Forest Bank & Trust Company, National Association
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