General Servo & Spindle Motors Inc.

$122,800 PPP Loan in South Elgin, Illinois

Loan Details

Loan Number
9777227110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$122,800
Current Approval
$122,800
Forgiveness Amount
$123,683
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
General Servo & Spindle Motors Inc.
Address
360 Industrial Drive
ZIP Code
60177-1199
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$122,800

Lender Information

Servicing Lender
American Community Bank & Trust
Originating Lender
American Community Bank & Trust

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