Progressive Turnings INC

$291,069 PPP Loan in Aurora, Illinois

Loan Details

Loan Number
5836987009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$291,069
Current Approval
$291,069
Forgiveness Amount
$293,122
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Progressive Turnings INC
Address
1680 Mountain St
City
Aurora
ZIP Code
60505-2439
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$260,069
Rent
$17,375
Utilities
$13,625

Lender Information

Servicing Lender
Itasca Bank & Trust Co.
Originating Lender
Itasca Bank & Trust Co.

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