Modern Forge Companies, LLC
$8,763,642 PPP Loan in Blue Island, Illinois
Loan Details
- Loan Number
- 6384447003
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $8,763,642
- Current Approval
- $8,763,642
- Forgiveness Amount
- $8,962,771
- Forgiveness Date
- Jul 15, 2022
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Modern Forge Companies, LLC
- Address
- 13810 Western Ave.
- City
- Blue Island
- State
- Illinois
- ZIP Code
- 60406-3229
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (332111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $122.2M
- Rural/Urban
- Urban
- Congressional District
- IL-01
Loan Use Breakdown
- Payroll
- $7,500,000
- Utilities
- $400,000
- Health Care
- $563,642
- Mortgage Interest
- $300,000
Lender Information
- Servicing Lender
- Wintrust Bank, National Association
- Originating Lender
- Wintrust Bank, National Association
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