Illinois Valley Machine Shop INC
$322,318 PPP Loan in Ransom, Illinois
Loan Details
- Loan Number
- 5595387004
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $322,318
- Current Approval
- $322,318
- Forgiveness Amount
- $324,340
- Forgiveness Date
- Nov 25, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Illinois Valley Machine Shop INC
- Address
- 108 North Lincoln St
- City
- Ransom
- State
- Illinois
- ZIP Code
- 60470-8501
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 27
- Estimated Revenue
- $6.6M
- Rural/Urban
- Rural
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $306,202
- Rent
- $8,058
- Utilities
- $8,058
Lender Information
- Servicing Lender
- Midland States Bank
- Originating Lender
- Midland States Bank
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|---|---|---|
| Alloy Specialties INC | $989,718 | |
| Jerry's Tap INC | $41,200 | |
| Bergeson Farms Partnership | $30,166 | |
| Jerry's Tap Inc. | $28,400 | |
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