Pres-On Corporation

$709,200 PPP Loan in Bolingbrook, Illinois

Loan Details

Loan Number
7184167100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$709,200
Current Approval
$709,200
Forgiveness Amount
$713,199
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Pres-On Corporation
Address
2600 E 107th Street
ZIP Code
60440-3196
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325520)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$69.4M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$592,400
Rent
$51,500
Utilities
$21,200
Health Care
$44,100

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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