Bales Mold Service Inc.

$404,300 PPP Loan in Downers Grove, Illinois

Loan Details

Loan Number
6905507004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$404,300
Current Approval
$404,300
Forgiveness Amount
$408,590
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bales Mold Service Inc.
Address
2824 Hitchcock Avenue
ZIP Code
60515-4016
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333511)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$303,225
Rent
$50,538
Utilities
$50,538

Lender Information

Servicing Lender
Wintrust Bank, National Association
Originating Lender
Wintrust Bank, National Association

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