Elastec, INC

$1,328,900 PPP Loan in Carmi, Illinois

Loan Details

Loan Number
5405457001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,328,900
Current Approval
$1,279,200
Forgiveness Amount
$1,287,576
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Elastec, INC
Address
1309 W. Main St
City
Carmi
ZIP Code
62821-1389
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
122
Estimated Revenue
$31.9M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$1,279,200

Lender Information

Servicing Lender
Legence Bank
Originating Lender
Legence Bank

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