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Quality Metal Finishing Co.

$671,204 PPP Loan in Byron, Illinois

Loan Details

Loan Number
5535427001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$671,204
Current Approval
$671,204
Forgiveness Amount
$677,170
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Quality Metal Finishing Co.
Address
421 N Walnut
City
Byron
State
Illinois
ZIP Code
61010
Business Type
Corporation
Industry (NAICS)
Manufacturing (331523)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$20.9M
Rural/Urban
Rural
Congressional District
IL-16

Loan Use Breakdown

Payroll
$536,964
Utilities
$19,240
Health Care
$45,000
Debt Interest
$70,000

Lender Information

Servicing Lender
Byron Bank
Originating Lender
Byron Bank

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