Taubensee Steel & Wire Company

$2,874,262 PPP Loan in Wheeling, Illinois

Loan Details

Loan Number
9514297009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,874,262
Current Approval
$2,874,262
Forgiveness Amount
$2,907,516
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Taubensee Steel & Wire Company
Address
600 Diens Drive 0.0
ZIP Code
60090-2686
Business Type
Corporation
Industry (NAICS)
Manufacturing (331222)
Business Age
Existing or more than 2 years old
Jobs Reported
187
Estimated Revenue
$49.0M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$1,995,000
Rent
$248,000
Utilities
$295,000
Health Care
$286,000
Debt Interest
$50,262

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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