Production Cutting Services, INC
$425,000 PPP Loan in East Moline, Illinois
Loan Details
- Loan Number
- 7857687207
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $425,000
- Current Approval
- $425,000
- Forgiveness Amount
- $430,379
- Forgiveness Date
- Aug 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Production Cutting Services, INC
- Address
- 1033 7th Street Suite 300
- City
- East Moline
- State
- Illinois
- ZIP Code
- 61244
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 44
- Estimated Revenue
- $10.8M
- Rural/Urban
- Urban
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $300,000
- Rent
- $80,000
- Utilities
- $25,000
- Health Care
- $20,000
Lender Information
- Servicing Lender
- Ih Mississippi Valley Credit Union
- Originating Lender
- Ih Mississippi Valley Credit Union
Other PPP Loans in East Moline, IL
| Business | Approved | |
|---|---|---|
| East Moline Glass | $2,096,468 | |
| Twin Shores Management L.l.c. | $1,626,105 | |
| Twin Shores Management, L.l.c. | $1,626,100 | |
| Material Control Systems, Inc. | $1,534,029 | |
| Johnson Contracting Company Inc. | $1,179,000 |
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