Sloan Valve Company

$5,437,500 PPP Loan in Franklin Park, Illinois

Loan Details

Loan Number
6318347010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$5,437,500
Current Approval
$5,437,500
Forgiveness Amount
$5,256,785
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sloan Valve Company
Address
10500 Seymour Ave
ZIP Code
60131-1212
Business Type
Corporation
Industry (NAICS)
Manufacturing (332913)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$122.2M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$4,078,125
Rent
$679,688
Utilities
$679,688

Lender Information

Servicing Lender
Wintrust Bank, National Association
Originating Lender
Wintrust Bank, National Association

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