Elgin Sheet Metal Co.

$299,700 PPP Loan in South Elgin, Illinois

Loan Details

Loan Number
9038167003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$299,700
Current Approval
$299,700
Forgiveness Amount
$301,409
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elgin Sheet Metal Co.
Address
695 Schneider Dr
ZIP Code
60177-1103
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.1M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$225,000
Rent
$55,000
Utilities
$14,700
Mortgage Interest
$5,000

Lender Information

Servicing Lender
American Eagle Bank
Originating Lender
American Eagle Bank

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