Magnetic Inspection Laboratory, INC
$1,761,100 PPP Loan in Elk Grove Village, Illinois
Loan Details
- Loan Number
- 5125407003
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,761,100
- Current Approval
- $1,761,100
- Forgiveness Amount
- $1,770,933
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnetic Inspection Laboratory, INC
- Address
- 1401 Greenleaf Ave
- State
- Illinois
- ZIP Code
- 60007-5522
- Business Type
- Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541380)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 141
- Estimated Revenue
- $28.4M
- Rural/Urban
- Urban
- Congressional District
- IL-03
Loan Use Breakdown
- Payroll
- $1,408,948
- Rent
- $176,076
- Utilities
- $176,076
Lender Information
- Servicing Lender
- Barrington Bank & Trust Company, National Association
- Originating Lender
- Barrington Bank & Trust Company, National Association
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