Capsonic Group LLC

$824,400 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
5583907008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$824,400
Current Approval
$824,400
Forgiveness Amount
$833,926
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Capsonic Group LLC
Address
460 S Seconds St
City
Elgin
ZIP Code
60123
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332510)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$12.5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$618,300
Rent
$103,050
Utilities
$103,050

Lender Information

Servicing Lender
Wintrust Bank, National Association
Originating Lender
Wintrust Bank, National Association

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