Falex Corporation

$386,000 PPP Loan in Sugar Grove, Illinois

Loan Details

Loan Number
8336537000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$386,000
Current Approval
$386,000
Forgiveness Amount
$388,359
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Falex Corporation
Address
1020 Airpark Dr
ZIP Code
60554-9452
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$9.8M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$325,000
Rent
$61,000

Lender Information

Servicing Lender
Old Second National Bank
Originating Lender
Old Second National Bank

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