Precise Lapping and Grinding Corp

$275,403 PPP Loan in Melrose Park, Illinois

Loan Details

Loan Number
5770277102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$275,403
Current Approval
$275,403
Forgiveness Amount
$277,713
Forgiveness Date
Mar 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precise Lapping and Grinding Corp
Address
2041 Janice Ave
ZIP Code
60160-1010
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (327910)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$33.7M
Rural/Urban
Urban
Congressional District
IL-04

Loan Use Breakdown

Payroll
$275,403

Lender Information

Servicing Lender
Grand Ridge National Bank
Originating Lender
Grand Ridge National Bank

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