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
- City
- South Elgin
- State
- Illinois
- 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
Other PPP Loans in South Elgin, IL
| Business | Approved | |
|---|---|---|
| Bmd Corporation | $5,147,700 | |
| Custom Aluminum Products Inc. | $4,918,000 | |
| Haumiller Engineering Company | $2,391,300 | |
| Cat I Manufacturing, Inc. | $1,728,789 | |
| Tower Hill Rehabilitation, LLC | $1,414,065 |
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