Frankfort Machine and Tool

$153,958 PPP Loan in Frankfort, Illinois

Loan Details

Loan Number
8107927801
Date Approved
Jun 5, 2020
Loan Status
Paid in Full
Initial Approval
$153,958
Current Approval
$116,838
Forgiveness Amount
$117,312
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Frankfort Machine and Tool
Address
285 Industry Ave
ZIP Code
60423-1640
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333131)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-01

Loan Use Breakdown

Payroll
$116,838

Lender Information

Servicing Lender
Old National Bank
Originating Lender
First Midwest Bank, a Division of Old National Bank

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