General Converting Inc.

$1,322,817 PPP Loan in Bolingbrook, Illinois

Loan Details

Loan Number
7141357000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,322,817
Current Approval
$1,322,818
Forgiveness Amount
$1,337,479
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
General Converting Inc.
Address
250 W Crossroads Pkwy
ZIP Code
60440-3546
Business Type
Corporation
Industry (NAICS)
Manufacturing (322212)
Business Age
Existing or more than 2 years old
Jobs Reported
69
Estimated Revenue
$68.4M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$992,114
Utilities
$132,282
Mortgage Interest
$198,423

Lender Information

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

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