Tek-Matic INC

$174,757 PPP Loan in Loves Park, Illinois

Loan Details

Loan Number
5583217002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$174,757
Current Approval
$174,757
Forgiveness Amount
$175,758
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Tek-Matic INC
Address
7316 N Alpine Rd
ZIP Code
61111-3902
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$166,017
Rent
$4,370
Utilities
$4,370

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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