Machine Tool Builders, Inc.
$352,000 PPP Loan in Machesney Park, Illinois
Loan Details
- Loan Number
- 6370747009
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $352,000
- Current Approval
- $352,000
- Forgiveness Amount
- $353,985
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Machine Tool Builders, Inc.
- Address
- 7723 Burden Rd
- City
- Machesney Park
- State
- Illinois
- ZIP Code
- 61115-8219
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 19
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $302,000
- Rent
- $40,000
- Utilities
- $10,000
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank and Trust National Association
Other PPP Loans in Machesney Park, IL
| Business | Approved | |
|---|---|---|
| Henning, Inc. | $2,802,500 | |
| Derry Enterprises, Inc. | $2,269,000 | |
| Spider Company Inc. | $1,792,045 | |
| Beef-A-Roo, Inc. | $1,215,087 | |
| Quantum Design Inc. | $1,082,764 |
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