Machinery Systems, Inc.

$730,100 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
5379147008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$730,100
Current Approval
$730,100
Forgiveness Amount
$735,048
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Machinery Systems, Inc.
Address
614 E State Pkwy
ZIP Code
60173-4533
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$10.4M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$547,600
Rent
$182,500

Lender Information

Servicing Lender
Town Bank, National Association
Originating Lender
Town Bank, National Association

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