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Parallel Machine Products Inc.

$100,873 PPP Loan in Palatine, Illinois

Loan Details

Loan Number
6763478302
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$100,873
Current Approval
$100,873
Forgiveness Amount
$101,764
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Parallel Machine Products Inc.
Address
255 N Woodwork Ln
City
Palatine
State
Illinois
ZIP Code
60067-4930
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$100,871
Utilities
$1

Lender Information

Servicing Lender
Old Second National Bank
Originating Lender
Old Second National Bank

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