Advance Mechanical Systems Inc.

$2,000,000 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
9111888403
Date Approved
Feb 16, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,012,110
Forgiveness Date
Oct 4, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Advance Mechanical Systems Inc.
Address
425 E Algonquin Rd
ZIP Code
60005-4620
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
227
Estimated Revenue
$71.8M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,999,996
Utilities
$1

Lender Information

Servicing Lender
Cibc Bank USA
Originating Lender
Cibc Bank USA

Other PPP Loans in Arlington Heights, IL

BusinessApproved
Gurtz Electric Co.$10,000,000NewBizBotAI Deep Dive
Advance Mechanical Systems, Inc.$7,500,000NewBizBotAI Deep Dive
Kroeschell, Inc.$6,840,000NewBizBotAI Deep Dive
Paddock Publications, INC$4,001,700NewBizBotAI Deep Dive
Atomatic Mechanical Services INC$3,814,600NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free