Grindal Company

$170,000 PPP Loan in Itasca, Illinois

Loan Details

Loan Number
7080437300
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$170,000
Current Approval
$170,000
Forgiveness Amount
$171,964
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grindal Company
Address
1551 Industrial Dr
City
Itasca
ZIP Code
60143-1849
Business Type
Corporation
Industry (NAICS)
Manufacturing (332813)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$147,500
Rent
$20,000
Utilities
$2,500

Lender Information

Servicing Lender
Itasca Bank & Trust Co.
Originating Lender
Itasca Bank & Trust Co.

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