Phoenix Binding Corp

$332,500 PPP Loan in Itasca, Illinois

Loan Details

Loan Number
8576687009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$332,500
Current Approval
$302,500
Forgiveness Amount
$305,592
Forgiveness Date
Apr 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Phoenix Binding Corp
Address
690 Hilltop Dr
City
Itasca
ZIP Code
60143-1326
Business Type
Corporation
Industry (NAICS)
Manufacturing (323117)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$32.7M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$260,500
Rent
$42,000

Lender Information

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

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