Elgin Recycling, Inc.

$1,040,200 PPP Loan in Gilberts, Illinois

Loan Details

Loan Number
5454507010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,040,200
Current Approval
$1,040,200
Forgiveness Amount
$1,046,608
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elgin Recycling, Inc.
Address
46 E End Dr
ZIP Code
60136-9731
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423930)
Business Age
Existing or more than 2 years old
Jobs Reported
92
Estimated Revenue
$28.2M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$780,150
Rent
$156,030
Utilities
$104,020

Lender Information

Servicing Lender
Crystal Lake Bank & Trust Company, National Association
Originating Lender
Crystal Lake Bank & Trust Company, National Association

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