Industrial Skilled Trades, INC

$1,894,500 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
5763937003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,894,500
Current Approval
$1,894,582
Forgiveness Amount
$1,905,897
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Skilled Trades, INC
Address
2150 Point Blvd. Suite 800
City
Elgin
ZIP Code
60123-7872
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561311)
Business Age
Existing or more than 2 years old
Jobs Reported
120
Estimated Revenue
$18.9M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,420,937
Utilities
$284,187
Debt Interest
$189,458

Lender Information

Servicing Lender
St. Charles Bank & Trust Company, National Association
Originating Lender
St. Charles Bank & Trust Company, National Association

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