Mutual Wheel Company INC

$606,072 PPP Loan in Moline, Illinois

Loan Details

Loan Number
5274547101
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$606,072
Current Approval
$606,072
Forgiveness Amount
$612,570
Forgiveness Date
May 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mutual Wheel Company INC
Address
2345 4th Ave
City
Moline
ZIP Code
61265-1523
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423120)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$12.6M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$546,072
Health Care
$60,000

Lender Information

Servicing Lender
Tbk Bank, Ssb
Originating Lender
Tbk Bank, Ssb

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