Mid-America Taping & Reeling, Inc.

$284,246 PPP Loan in Glendale Heights, Illinois

Loan Details

Loan Number
5888937105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$284,246
Current Approval
$284,246
Forgiveness Amount
$287,973
Forgiveness Date
Aug 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mid-America Taping & Reeling, Inc.
Address
121 Exchange Blvd
ZIP Code
60139-2095
Business Type
Corporation
Industry (NAICS)
Manufacturing (326111)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$51.6M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$227,397
Rent
$28,425
Utilities
$14,212
Mortgage Interest
$14,212

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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