Mennie's Machine Company

$2,680,100 PPP Loan in Mark, Illinois

Loan Details

Loan Number
5429177005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,680,100
Current Approval
$2,680,100
Forgiveness Amount
$2,715,984
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mennie's Machine Company
Address
10549 Mennies Lane
City
Mark
ZIP Code
61340-1000
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
203
Estimated Revenue
$53.2M
Rural/Urban
Rural
Congressional District
IL-14

Loan Use Breakdown

Payroll
$2,010,075
Utilities
$335,013
Mortgage Interest
$335,012

Lender Information

Servicing Lender
Old Plank Trail Community Bank, National Association
Originating Lender
Old Plank Trail Community Bank, National Association

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