Panek Precision Products Co.

$2,000,000 PPP Loan in Northbrook, Illinois

Loan Details

Loan Number
7495748406
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,009,500
Forgiveness Date
Aug 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Panek Precision Products Co.
Address
455 Academy Dr
ZIP Code
60062-2416
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
203
Estimated Revenue
$49.6M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

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

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