Montel Technologies, LLC

$204,000 PPP Loan in Loves Park, Illinois

Loan Details

Loan Number
8258437009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$204,000
Current Approval
$204,000
Forgiveness Amount
$205,189
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Montel Technologies, LLC
Address
8100 E Riverside Blvd
ZIP Code
61111-5727
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541512)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$144,000
Rent
$52,000
Utilities
$7,000
Debt Interest
$1,000

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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