Technical Metals, Inc.

$793,500 PPP Loan in Fairbury, Illinois

Loan Details

Loan Number
5410307007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$793,500
Current Approval
$793,500
Forgiveness Amount
$798,674
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Technical Metals, Inc.
Address
1301 W Oak St
ZIP Code
61739-1490
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332119)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$14.7M
Rural/Urban
Rural
Congressional District
IL-02

Loan Use Breakdown

Payroll
$743,066
Rent
$11,500
Utilities
$27,650
Mortgage Interest
$11,284

Lender Information

Servicing Lender
Bank of Pontiac
Originating Lender
Bank of Pontiac

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