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Marathon Manufacturing INC

$94,000 PPP Loan in Addison, Illinois

Loan Details

Loan Number
8108917201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$94,000
Current Approval
$94,000
Forgiveness Amount
$94,642
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marathon Manufacturing INC
Address
110 Laura Dr
City
Addison
State
Illinois
ZIP Code
60101-5114
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326111)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
$6.9M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$86,600
Rent
$5,000
Utilities
$2,400

Lender Information

Servicing Lender
Itasca Bank & Trust Co.
Originating Lender
Itasca Bank & Trust Co.

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