Orbit Machining Company

$348,112 PPP Loan in Schiller Park, Illinois

Loan Details

Loan Number
9452337001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$348,112
Current Approval
$348,112
Forgiveness Amount
$350,897
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Orbit Machining Company
Address
9440 Ainslie Street
ZIP Code
60176-1140
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$348,112

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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