Balas, Inc.

$157,172 PPP Loan in Batavia, Illinois

Loan Details

Loan Number
5861157205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$157,172
Current Approval
$157,172
Forgiveness Amount
$158,067
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Balas, Inc.
Address
1080 Kingsland Dr
ZIP Code
60510-2287
Business Type
Corporation
Industry (NAICS)
Manufacturing (332313)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$117,879
Rent
$15,717
Utilities
$7,859
Mortgage Interest
$15,717

Lender Information

Servicing Lender
Grundy Bank
Originating Lender
Grundy Bank

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