Excel Gear, Inc.

$182,100 PPP Loan in Roscoe, Illinois

Loan Details

Loan Number
7418547100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$182,100
Current Approval
$182,100
Forgiveness Amount
$183,076
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Excel Gear, Inc.
Address
11865 Main Street
City
Roscoe
ZIP Code
61073-8276
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333612)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$136,575
Utilities
$45,525

Lender Information

Servicing Lender
Northwest Bank of Rockford
Originating Lender
Northwest Bank of Rockford

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