Hommer Tool & Mfg., Inc.

$507,400 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
6581927004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$507,400
Current Approval
$601,580
Forgiveness Amount
$604,967
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hommer Tool & Mfg., Inc.
Address
311 West University Drive
ZIP Code
60004-1811
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$451,185
Utilities
$7,520
Mortgage Interest
$142,875

Lender Information

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

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