Chicago Grinding & Machine Company, Inc.
$223,000 PPP Loan in Melrose Park, Illinois
Loan Details
- Loan Number
- 9990587101
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $223,000
- Current Approval
- $223,000
- Forgiveness Amount
- $224,257
- Forgiveness Date
- Nov 13, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Chicago Grinding & Machine Company, Inc.
- Address
- 1950 N. 15th Ave
- City
- Melrose Park
- State
- Illinois
- ZIP Code
- 60160-1403
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- $5.9M
- Rural/Urban
- Urban
- Congressional District
- IL-04
Loan Use Breakdown
- Payroll
- $119,200
- Rent
- $44,100
- Utilities
- $22,800
- Health Care
- $28,500
- Debt Interest
- $8,400
Lender Information
- Servicing Lender
- Busey Bank
- Originating Lender
- Busey Bank
Other PPP Loans in Melrose Park, IL
| Business | Approved | |
|---|---|---|
| The Custom Companies, Inc. | $5,968,800 |  AI Deep Dive |
| Alin Machining Co., INC | $2,881,884 | AI Deep Dive |
| Lake Book Manufacturing, INC | $2,490,230 | AI Deep Dive |
| Andrew Distribution INC | $2,099,400 | AI Deep Dive |
| Alin Machining Company INC | $2,000,000 | AI Deep Dive |
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