Overhead Material Handling Illinois, Inc.

$62,500 PPP Loan in Villa Park, Illinois

Loan Details

Loan Number
7497277110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$62,500
Current Approval
$62,500
Forgiveness Amount
$63,179
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Overhead Material Handling Illinois, Inc.
Address
25 W North Ave Unit D
ZIP Code
60181-1249
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$50,000
Rent
$6,250
Utilities
$3,125
Debt Interest
$3,125

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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