Research Products International Corporation
$466,700 PPP Loan in Mount Prospect, Illinois
Loan Details
- Loan Number
- 7212787009
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $466,700
- Current Approval
- $466,700
- Forgiveness Amount
- $471,756
- Forgiveness Date
- May 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Research Products International Corporation
- Address
- 410 E Business Center Dr
- City
- Mount Prospect
- State
- Illinois
- ZIP Code
- 60056-2164
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (334516)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 31
- Estimated Revenue
- $8.1M
- Rural/Urban
- Urban
- Congressional District
- IL-05
Loan Use Breakdown
- Payroll
- $373,360
- Rent
- $46,670
- Utilities
- $23,335
- Debt Interest
- $23,335
Lender Information
- Servicing Lender
- Cornerstone National Bank & Trust Company
- Originating Lender
- Cornerstone National Bank & Trust Company
Other PPP Loans in Mount Prospect, IL
| Business | Approved | |
|---|---|---|
| Parenti & Raffaelli, Ltd. | $4,607,713 |  Research |
| National Association of Boards of Pharmacy | $2,700,000 | Research |
| Ea Langenfeld Associates | $2,290,350 | Research |
| Parenti & Raffaelli Ltd. | $2,000,000 | Research |
| Schumacher Electric Corporation | $1,964,000 | Research |
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