Service Mechanical Industries

$455,007 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
7222257007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$455,007
Current Approval
$455,007
Forgiveness Amount
$457,699
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Service Mechanical Industries
Address
700 Cooper Court Suite a
ZIP Code
60173-4537
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$341,255
Utilities
$56,876
Mortgage Interest
$56,876

Lender Information

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

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