Industrial Molds, Inc.

$575,600 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
6040337001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$575,600
Current Approval
$575,600
Forgiveness Amount
$578,862
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Molds, Inc.
Address
5175 27th Avenue
ZIP Code
61109-1712
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333511)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$10.5M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$431,700
Utilities
$143,900

Lender Information

Servicing Lender
Northwest Bank of Rockford
Originating Lender
Northwest Bank of Rockford

Other PPP Loans in Rockford, IL

BusinessApproved
Bergstrom INC$8,100,000NewBizBotAI Deep Dive
Rockford Orthopedic Associates Ltd$7,217,200NewBizBotAI Deep Dive
Crusaders Central Clinic Association$4,593,300NewBizBotAI Deep Dive
Rockford Toolcraft, Inc.$4,445,000NewBizBotAI Deep Dive
Area Erectors, Inc.$3,948,800NewBizBotAI Deep Dive

Want to research this company further?