Bakes Steel Erectors

$607,000 PPP Loan in Grayslake, Illinois

Loan Details

Loan Number
5183108306
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$607,000
Current Approval
$607,000
Forgiveness Amount
$616,459
Forgiveness Date
Aug 17, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Bakes Steel Erectors
Address
33243 N US Highway 45
ZIP Code
60030-2209
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$10.6M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$606,998
Utilities
$1

Lender Information

Servicing Lender
American Community Bank & Trust
Originating Lender
American Community Bank & Trust

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