Mechanical Devices Company
$1,944,800 PPP Loan in Bloomington, Illinois
Loan Details
- Loan Number
- 5055597007
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,944,800
- Current Approval
- $1,944,800
- Forgiveness Amount
- $1,962,063
- Forgiveness Date
- Mar 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mechanical Devices Company
- Address
- 2005 Ge Road
- City
- Bloomington
- State
- Illinois
- ZIP Code
- 61704-1320
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 155
- Estimated Revenue
- $37.9M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $1,679,800
- Utilities
- $90,000
- Mortgage Interest
- $75,000
- Debt Interest
- $100,000
Lender Information
- Servicing Lender
- First State Bank
- Originating Lender
- First State Bank
Other PPP Loans in Bloomington, IL
| Business | Approved | |
|---|---|---|
| Farnsworth Group, INC | $9,151,700 |  AI Deep Dive |
| Biaggi's Ristorante Italiano, LLC | $6,565,000 | AI Deep Dive |
| Nu-Way Logistics, Inc. | $6,446,737 | AI Deep Dive |
| Stark Excavating, INC | $5,785,200 | AI Deep Dive |
| Evergreen Fs, Inc. | $3,493,175 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free