Excel Gear Inc.

$182,150 PPP Loan in Roscoe, Illinois

Loan Details

Loan Number
5765538404
Date Approved
Feb 9, 2021
Loan Status
Paid in Full
Initial Approval
$182,150
Current Approval
$182,150
Forgiveness Amount
$183,703
Forgiveness Date
Dec 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Excel Gear Inc.
Address
11865 Main St
City
Roscoe
ZIP Code
61073-8276
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$182,149

Lender Information

Servicing Lender
Northwest Bank of Rockford
Originating Lender
Northwest Bank of Rockford

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