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Capsonic Automotive Inc.

$311,707 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
5383168601
Date Approved
Mar 20, 2021
Loan Status
Paid in Full
Initial Approval
$311,707
Current Approval
$311,707
Forgiveness Amount
$315,984
Forgiveness Date
Aug 9, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Capsonic Automotive Inc.
Address
460 2nd St
City
Elgin
State
Illinois
ZIP Code
60123-7008
Business Type
Corporation
Industry (NAICS)
Manufacturing (336413)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$311,705
Utilities
$1

Lender Information

Servicing Lender
Wintrust Bank, National Association
Originating Lender
Wintrust Bank, National Association

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