Mag Construction Co.

$135,000 PPP Loan in Highland Park, Illinois

Loan Details

Loan Number
8917497108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$135,000
Current Approval
$135,000
Forgiveness Amount
$136,466
Forgiveness Date
May 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mag Construction Co.
Address
629 Homewood Avenue
ZIP Code
60035
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$101,250
Rent
$16,875
Utilities
$16,875

Lender Information

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

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