Hy-Tek Mfg. Co., INC

$412,750 PPP Loan in Sugar Grove, Illinois

Loan Details

Loan Number
6366117005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$412,750
Current Approval
$412,750
Forgiveness Amount
$415,091
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hy-Tek Mfg. Co., INC
Address
1998 Bucktail Ln
ZIP Code
60554-9609
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$7.8M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$327,556
Rent
$33,333
Utilities
$8,895
Health Care
$42,966

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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