Machinery Components Inc.

$423,533 PPP Loan in West Chicago, Illinois

Loan Details

Loan Number
5503647003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$423,533
Current Approval
$423,533
Forgiveness Amount
$427,310
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Machinery Components Inc.
Address
1833 Downs Drive
ZIP Code
60185-1805
Business Type
Corporation
Industry (NAICS)
Manufacturing (336390)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$12.6M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$317,650
Utilities
$52,942
Mortgage Interest
$52,942

Lender Information

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

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