Mechanical Design INC

$47,500 PPP Loan in Franklin Park, Illinois

Loan Details

Loan Number
9796297300
Date Approved
May 2, 2020
Loan Status
Paid in Full
Initial Approval
$47,500
Current Approval
$47,500
Forgiveness Amount
$48,037
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mechanical Design INC
Address
10205 Pacific Avenue
ZIP Code
60131
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238390)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$35,625
Rent
$5,938
Utilities
$5,938

Lender Information

Servicing Lender
Celtic Bank Corporation
Originating Lender
Celtic Bank Corporation

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