Peterson Electro-Musical Products

$494,388 PPP Loan in Alsip, Illinois

Loan Details

Loan Number
6244787107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$494,388
Current Approval
$571,749
Forgiveness Amount
$576,958
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Peterson Electro-Musical Products
Address
11601 S Mayfield Ave
City
Alsip
ZIP Code
60803-6007
Business Type
Corporation
Industry (NAICS)
Manufacturing (334111)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$571,749

Lender Information

Servicing Lender
Grand Ridge National Bank
Originating Lender
Grand Ridge National Bank

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