Clipper Industries

$258,100 PPP Loan in Itasca, Illinois

Loan Details

Loan Number
6413717001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$258,100
Current Approval
$258,100
Forgiveness Amount
$259,986
Forgiveness Date
Jan 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Clipper Industries
Address
1520 Norwood Ave
City
Itasca
ZIP Code
60143-1131
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$193,575
Utilities
$32,263
Mortgage Interest
$32,263

Lender Information

Servicing Lender
Schaumburg Bank & Trust Company, National Association
Originating Lender
Schaumburg Bank & Trust Company, National Association

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