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Brad Foote Gear Works, INC

$2,599,200 PPP Loan in Cicero, Illinois

Loan Details

Loan Number
5457077007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,599,200
Current Approval
$2,472,479
Forgiveness Amount
$2,501,133
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Brad Foote Gear Works, INC
Address
3250 S Central Ave
City
Cicero
State
Illinois
ZIP Code
60804-3939
Business Type
Corporation
Industry (NAICS)
Manufacturing (333612)
Business Age
Existing or more than 2 years old
Jobs Reported
130
Estimated Revenue
$34.0M
Rural/Urban
Urban
Congressional District
IL-04

Loan Use Breakdown

Payroll
$2,472,479

Lender Information

Servicing Lender
Cibc Bank USA
Originating Lender
Cibc Bank USA

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