The Material Works, Ltd
$1,352,200 PPP Loan in Red Bud, Illinois
Loan Details
- Loan Number
- 7632947005
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,352,200
- Current Approval
- $1,352,200
- Forgiveness Amount
- $1,371,242
- Forgiveness Date
- Sep 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Material Works, Ltd
- Address
- 101 S. Main Street
- City
- Red Bud
- State
- Illinois
- ZIP Code
- 62278-1104
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332813)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 90
- Estimated Revenue
- $22.0M
- Rural/Urban
- Rural
- Congressional District
- IL-12
Loan Use Breakdown
- Payroll
- $1,352,200
Lender Information
- Servicing Lender
- Cibc Bank USA
- Originating Lender
- Cibc Bank USA
Other PPP Loans in Red Bud, IL
| Business | Approved | |
|---|---|---|
| Gateway Fs, Inc. | $3,233,800 | |
| Weir Chevrolet - Olds, Inc. | $2,091,972 | |
| Red Bud Industries, Inc. | $1,365,074 | |
| Secon Rubber and Plastics INC | $714,900 | |
| Rbi Tech Support, Inc. | $600,000 |
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