Serac, Inc.

$1,672,800 PPP Loan in Carol Stream, Illinois

Loan Details

Loan Number
6115637003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,672,800
Current Approval
$1,672,800
Forgiveness Amount
$1,682,930
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Serac, Inc.
Address
160 East Elk Trail
ZIP Code
60188
Business Type
Corporation
Industry (NAICS)
Manufacturing (333993)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$19.9M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,254,600
Rent
$209,100
Utilities
$209,100

Lender Information

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

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