Mandel Metals, Inc.

$1,517,400 PPP Loan in Franklin Park, Illinois

Loan Details

Loan Number
9381567002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,517,400
Current Approval
$1,517,400
Forgiveness Amount
$1,534,513
Forgiveness Date
Jun 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mandel Metals, Inc.
Address
11400 W Addison Ave
ZIP Code
60131
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
122
Estimated Revenue
$37.4M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$1,138,050
Rent
$189,675
Utilities
$189,675

Lender Information

Servicing Lender
Wintrust Bank, National Association
Originating Lender
Wintrust Bank, National Association

Other PPP Loans in Franklin Park, IL

BusinessApproved
Sloan Valve Company$5,437,500NewBizBotAI Deep Dive
R & M Freight, Inc.$4,097,800NewBizBotAI Deep Dive
Sloan Global Holdings LLC$4,039,000NewBizBotAI Deep Dive
J.s. Paluch Co., Inc.$3,593,643NewBizBotAI Deep Dive
R.c.m. Industries, Inc.$3,584,710NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free