Precision Dose, Inc.

$1,597,000 PPP Loan in South Beloit, Illinois

Loan Details

Loan Number
5398088005
Date Approved
Jun 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,597,000
Current Approval
$1,597,000
Forgiveness Amount
$1,607,780
Forgiveness Date
Mar 3, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Precision Dose, Inc.
Address
722 Progressive Lane
ZIP Code
61080
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325412)
Business Age
Existing or more than 2 years old
Jobs Reported
138
Estimated Revenue
$136.9M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$1,200,000
Rent
$130,358
Utilities
$33,710
Mortgage Interest
$232,932

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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