Precision Service M T S INC

$237,500 PPP Loan in Addison, Illinois

Loan Details

Loan Number
7350467103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$237,500
Current Approval
$237,500
Forgiveness Amount
$239,525
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Service M T S INC
Address
121 W Fullerton Ave
ZIP Code
60101-3713
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$225,625
Rent
$8,333
Utilities
$3,542

Lender Information

Servicing Lender
Itasca Bank & Trust Co.
Originating Lender
Itasca Bank & Trust Co.

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