Tella Tool & Mfg Co.

$1,041,675 PPP Loan in Lombard, Illinois

Loan Details

Loan Number
6192047007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,041,675
Current Approval
$1,041,675
Forgiveness Amount
$1,050,037
Forgiveness Date
Feb 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tella Tool & Mfg Co.
Address
1015 N Ridge Ave
ZIP Code
60148-1258
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$16.2M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$868,063
Rent
$86,806
Utilities
$86,806

Lender Information

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

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