Lane Tool & Manufacturing Co INC

$419,812 PPP Loan in South Elgin, Illinois

Loan Details

Loan Number
9582838504
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$419,812
Current Approval
$419,812
Forgiveness Amount
$424,212
Forgiveness Date
Apr 6, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lane Tool & Manufacturing Co INC
Address
655 Sundown Rd
ZIP Code
60177-1145
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333999)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$419,809
Utilities
$1

Lender Information

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

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