Payson Casters, Inc.

$614,655 PPP Loan in Gurnee, Illinois

Loan Details

Loan Number
8532227107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$614,655
Current Approval
$614,655
Forgiveness Amount
$618,292
Forgiveness Date
Nov 20, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Payson Casters, Inc.
Address
2323 N Delany Rd
City
Gurnee
ZIP Code
60031-1212
Business Type
Corporation
Industry (NAICS)
Manufacturing (332991)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$460,991
Rent
$46,099
Utilities
$61,466
Mortgage Interest
$46,099

Lender Information

Servicing Lender
Lake Forest Bank & Trust Company, National Association
Originating Lender
Lake Forest Bank & Trust Company, National Association

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