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Volflex, Inc.

$782,500 PPP Loan in Mokena, Illinois

Loan Details

Loan Number
9919487103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$782,500
Current Approval
$782,500
Forgiveness Amount
$787,217
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Volflex, Inc.
Address
10920 Walnut Lane
City
Mokena
State
Illinois
ZIP Code
60448
Business Type
Corporation
Industry (NAICS)
Manufacturing (322220)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$45.6M
Rural/Urban
Urban
Congressional District
IL-01

Loan Use Breakdown

Payroll
$560,506
Rent
$59,000
Utilities
$29,874
Health Care
$130,620
Mortgage Interest
$2,500

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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