Tomsenson Machine Works Inc.

$742,800 PPP Loan in West Chicago, Illinois

Loan Details

Loan Number
5785257001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$742,800
Current Approval
$742,800
Forgiveness Amount
$749,196
Forgiveness Date
Feb 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tomsenson Machine Works Inc.
Address
1150 Powis Rd
ZIP Code
60185-1638
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$557,100
Utilities
$92,850
Mortgage Interest
$92,850

Lender Information

Servicing Lender
Schaumburg Bank & Trust Company, National Association
Originating Lender
Schaumburg Bank & Trust Company, National Association

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