New Gen Aerospace Corp.

$200,500 PPP Loan in Lake Villa, Illinois

Loan Details

Loan Number
5569337007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$200,500
Current Approval
$200,500
Forgiveness Amount
$202,795
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Gen Aerospace Corp.
Address
290 Park Ave
ZIP Code
60046-8915
Business Type
Corporation
Industry (NAICS)
Manufacturing (334511)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$150,375
Utilities
$25,063
Mortgage Interest
$25,063

Lender Information

Servicing Lender
Schaumburg Bank & Trust Company, National Association
Originating Lender
Schaumburg Bank & Trust Company, National Association

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