Production Plus Technologies, Inc.

$1,045,000 PPP Loan in Burr Ridge, Illinois

Loan Details

Loan Number
7167507006
Date Approved
Apr 7, 2020
Loan Status
Exemption 4
Initial Approval
$1,045,000
Current Approval
$1,045,000
Forgiveness Amount
$790,039
Forgiveness Date
Sep 16, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Production Plus Technologies, Inc.
Address
124 Tower Dr
ZIP Code
60527-5720
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$784,000
Rent
$196,000
Utilities
$30,000
Debt Interest
$35,000

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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