Grove Plating Co

$212,892 PPP Loan in Fox River Grove, Illinois

Loan Details

Loan Number
9617637105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$212,892
Current Approval
$212,892
Forgiveness Amount
$215,239
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grove Plating Co
Address
400 Algonquin Rd
ZIP Code
60021
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332813)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$163,292
Rent
$23,000
Utilities
$8,000
Health Care
$18,600

Lender Information

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

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