Advanced Compressor Technology, Inc.
$480,000 PPP Loan in Batavia, Illinois
Loan Details
- Loan Number
- 5526197002
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $480,000
- Current Approval
- $480,500
- Forgiveness Amount
- $484,224
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Advanced Compressor Technology, Inc.
- Address
- 1400 Louis Bork Dr
- City
- Batavia
- State
- Illinois
- ZIP Code
- 60510-1511
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333912)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $6.8M
- Rural/Urban
- Urban
- Congressional District
- IL-11
Loan Use Breakdown
- Payroll
- $360,375
- Utilities
- $60,063
- Mortgage Interest
- $60,063
Lender Information
- Servicing Lender
- Schaumburg Bank & Trust Company, National Association
- Originating Lender
- Schaumburg Bank & Trust Company, National Association
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