Master Machine & Repair Corp.

$1,003,500 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
9142347009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,003,500
Current Approval
$1,003,523
Forgiveness Amount
$1,009,070
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Master Machine & Repair Corp.
Address
6648 S. Narragansett Ave
ZIP Code
60638-5112
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$12.9M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$752,642
Rent
$150,528
Utilities
$100,352

Lender Information

Servicing Lender
Village Bank and Trust, National Association
Originating Lender
Village Bank and Trust, National Association

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