Advance Mechanical Systems, Inc.
$7,500,000 PPP Loan in Arlington Heights, Illinois
Loan Details
- Loan Number
- 6639667002
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $7,500,000
- Current Approval
- $7,500,000
- Forgiveness Amount
- $7,585,068
- Forgiveness Date
- Jun 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Advance Mechanical Systems, Inc.
- Address
- 425 E. Algonquin Rd
- State
- Illinois
- ZIP Code
- 60005-4620
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 420
- Estimated Revenue
- $132.9M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $7,500,000
Lender Information
- Servicing Lender
- Cibc Bank USA
- Originating Lender
- Cibc Bank USA
Other PPP Loans in Arlington Heights, IL
| Business | Approved | |
|---|---|---|
| Gurtz Electric Co. | $10,000,000 | |
| Kroeschell, Inc. | $6,840,000 | |
| Paddock Publications, INC | $4,001,700 | |
| Atomatic Mechanical Services INC | $3,814,600 | |
| Weber Marking Systems, Inc. | $3,222,978 |
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