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Producers National Corporation

$2,458,000 PPP Loan in Niles, Illinois

Loan Details

Loan Number
6376737007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,458,000
Current Approval
$2,458,000
Forgiveness Amount
$2,486,745
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Producers National Corporation
Address
7400 N. Caldwell
City
Niles
State
Illinois
ZIP Code
60714
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
226
Estimated Revenue
$116.1M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$1,843,500
Rent
$368,700
Utilities
$245,800

Lender Information

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

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