Chicago Magnesium Casting Company
$1,461,200 PPP Loan in Blue Island, Illinois
Loan Details
- Loan Number
- 8055327000
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,461,200
- Current Approval
- $1,461,200
- Forgiveness Amount
- $1,373,885
- Forgiveness Date
- Feb 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Chicago Magnesium Casting Company
- Address
- 14101 S. Seeley Avenue
- City
- Blue Island
- State
- Illinois
- ZIP Code
- 60406-3779
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 146
- Estimated Revenue
- $35.7M
- Rural/Urban
- Urban
- Congressional District
- IL-01
Loan Use Breakdown
- Payroll
- $1,254,054
- Utilities
- $52,580
- Health Care
- $138,033
- Mortgage Interest
- $16,533
Lender Information
- Servicing Lender
- Busey Bank
- Originating Lender
- Busey Bank
Other PPP Loans in Blue Island, IL
| Business | Approved | |
|---|---|---|
| Modern Forge Companies, LLC | $8,763,642 |  AI Deep Dive |
| Jk Guardian Security Services INC | $3,275,105 | AI Deep Dive |
| Village Discount Outlet INC | $2,852,500 | AI Deep Dive |
| Rna Corporation | $1,986,290 | AI Deep Dive |
| Chicago Magnesium Casting Company | $1,885,027 | AI Deep Dive |
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