Andrews Products, Inc.

$571,000 PPP Loan in Mount Prospect, Illinois

Loan Details

Loan Number
8634677005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$571,000
Current Approval
$571,000
Forgiveness Amount
$575,348
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Andrews Products, Inc.
Address
431 Kingston Court
ZIP Code
60056-6068
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336310)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$12.0M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$428,250
Rent
$71,375
Utilities
$71,375

Lender Information

Servicing Lender
Wintrust Bank, National Association
Originating Lender
Wintrust Bank, National Association

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