Applied Products, Inc.

$390,857 PPP Loan in Machesney Park, Illinois

Loan Details

Loan Number
7408147105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$390,857
Current Approval
$390,857
Forgiveness Amount
$393,459
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Applied Products, Inc.
Address
12000 Product Drive
ZIP Code
61115
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325520)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$33.7M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$390,000
Utilities
$857

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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