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Multimetal Products Corporation

$494,400 PPP Loan in Gurnee, Illinois

Loan Details

Loan Number
6120337001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$494,400
Current Approval
$494,400
Forgiveness Amount
$497,147
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Multimetal Products Corporation
Address
3965 Grove Ave
City
Gurnee
State
Illinois
ZIP Code
60031-2118
Business Type
Corporation
Industry (NAICS)
Manufacturing (332322)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.2M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$370,800
Rent
$61,800
Utilities
$61,800

Lender Information

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

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