Minerallac Company

$1,011,300 PPP Loan in Hampshire, Illinois

Loan Details

Loan Number
5491557002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,011,300
Current Approval
$1,011,300
Forgiveness Amount
$1,017,480
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Minerallac Company
Address
100 Gast Road
ZIP Code
60140-7654
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332510)
Business Age
Existing or more than 2 years old
Jobs Reported
111
Estimated Revenue
$27.1M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$758,475
Utilities
$126,412
Mortgage Interest
$126,413

Lender Information

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

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