Lorbern Mfg. Inc.
$199,300 PPP Loan in Schaumburg, Illinois
Loan Details
- Loan Number
- 8080767005
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $199,300
- Current Approval
- $199,300
- Forgiveness Amount
- $200,623
- Forgiveness Date
- Dec 14, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lorbern Mfg. Inc.
- Address
- 708 Morse Avenue
- City
- Schaumburg
- State
- Illinois
- ZIP Code
- 60193-4534
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $5.2M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $170,522
- Rent
- $7,511
- Utilities
- $4,538
- Health Care
- $16,729
Lender Information
- Servicing Lender
- Busey Bank
- Originating Lender
- Busey Bank
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