Simplomatic Manufacturing Co

$218,620 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
6367177101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$218,620
Current Approval
$218,620
Forgiveness Amount
$219,810
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Simplomatic Manufacturing Co
Address
1616 Berkley St
City
Elgin
ZIP Code
60123
Business Type
Sole Proprietorship
Industry (NAICS)
Manufacturing (332119)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$218,620

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

Other PPP Loans in Elgin, IL

BusinessApproved
Lending Solutions, Inc.$7,198,353NewBizBotAI Deep Dive
Mkd Electric, Inc.$6,654,400NewBizBotAI Deep Dive
Fox Valley Fire & Safety Co.$4,511,500NewBizBotAI Deep Dive
Ihc Construction Companies, LLC$4,319,724NewBizBotAI Deep Dive
Proven Performers, Inc.$3,851,900NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free