Polytech Industries, Incorporated

$161,500 PPP Loan in Saint Charles, Illinois

Loan Details

Loan Number
9646757203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$161,500
Current Approval
$161,500
Forgiveness Amount
$163,265
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Polytech Industries, Incorporated
Address
1755 Wallace Ave
ZIP Code
60174-3402
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
$12.9M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$122,301
Rent
$29,739
Utilities
$6,569
Health Care
$2,891

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

Other PPP Loans in Saint Charles, IL

BusinessApproved
Bison Gear and Engineering Corp$4,285,000NewBizBotAI Deep Dive
Vertex Resource Group INC$3,992,000NewBizBotAI Deep Dive
Tvv-C Acquisitions, LLC$3,878,300NewBizBotAI Deep Dive
Rosin Optical Co INC$3,338,300NewBizBotAI Deep Dive
Microplastics, Inc.$3,201,000NewBizBotAI Deep Dive

Want to research this company further?