Syn-Tech Ltd.

$352,900 PPP Loan in Addison, Illinois

Loan Details

Loan Number
9940247204
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$352,900
Current Approval
$352,900
Forgiveness Amount
$355,704
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Syn-Tech Ltd.
Address
1550 W Fullerton Ave
ZIP Code
60101-3028
Business Type
Corporation
Industry (NAICS)
Manufacturing (324191)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$21.8M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$314,686
Rent
$30,222
Utilities
$7,992

Lender Information

Servicing Lender
Itasca Bank & Trust Co.
Originating Lender
Itasca Bank & Trust Co.

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