Panek Precision Products Co.

$2,316,617 PPP Loan in Northbrook, Illinois

Loan Details

Loan Number
6134207009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,316,617
Current Approval
$2,316,617
Forgiveness Amount
$2,343,709
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Panek Precision Products Co.
Address
455 Academy Drive
ZIP Code
60062-2416
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
203
Estimated Revenue
$49.6M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$1,737,463
Utilities
$289,577
Mortgage Interest
$289,577

Lender Information

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

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