Ludlow Manufacturing, Inc.

$688,750 PPP Loan in Waukegan, Illinois

Loan Details

Loan Number
5227047003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$688,750
Current Approval
$698,731
Forgiveness Amount
$703,655
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ludlow Manufacturing, Inc.
Address
3821 Hawthorne Ct
ZIP Code
60087-3221
Business Type
Corporation
Industry (NAICS)
Manufacturing (332322)
Business Age
Existing or more than 2 years old
Jobs Reported
69
Estimated Revenue
$16.9M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$524,048
Rent
$87,341
Utilities
$87,342

Lender Information

Servicing Lender
Barrington Bank & Trust Company, National Association
Originating Lender
Barrington Bank & Trust Company, National Association

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