Midwest Sealing Products, Inc.

$380,200 PPP Loan in Buffalo Grove, Illinois

Loan Details

Loan Number
6932547000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$380,200
Current Approval
$380,200
Forgiveness Amount
$383,273
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Sealing Products, Inc.
Address
1001 Commerce Court
ZIP Code
60089-2362
Business Type
Corporation
Industry (NAICS)
Manufacturing (339991)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$9.8M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$285,150
Rent
$47,525
Utilities
$47,525

Lender Information

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

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