Orbit Machining Company

$348,112 PPP Loan in Schiller Park, Illinois

Loan Details

Loan Number
9266788500
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$348,112
Current Approval
$348,112
Forgiveness Amount
$349,330
Forgiveness Date
Jul 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Orbit Machining Company
Address
9440 Ainslie St
ZIP Code
60176-1140
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$348,110
Utilities
$1

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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