Perfection Spring & Stamping Corp.

$706,100 PPP Loan in Mount Prospect, Illinois

Loan Details

Loan Number
7114987006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$706,100
Current Approval
$706,100
Forgiveness Amount
$712,239
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Perfection Spring & Stamping Corp.
Address
1449 E. Algonquin Road
ZIP Code
60056-5510
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332613)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$15.2M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$564,800
Rent
$41,500
Utilities
$40,800
Health Care
$59,000

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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