Maxxsonics Usa, Inc.

$386,500 PPP Loan in Libertyville, Illinois

Loan Details

Loan Number
7318367010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$386,500
Current Approval
$386,500
Forgiveness Amount
$389,495
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Maxxsonics Usa, Inc.
Address
851 E Park Ave
ZIP Code
60048-2980
Business Type
Corporation
Industry (NAICS)
Manufacturing (334310)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$280,000
Rent
$59,990
Utilities
$7,380
Health Care
$39,130

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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