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
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

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