PPP borrower record
MAGNECO/METREL, INC. PPP loan record
Public SBA PPP loan record for MAGNECO/METREL, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$2,459,632
Approved amount
$2,487,576
Forgiven amount
2020-04-29
Date approved
Borrower and loan details
Borrower
MAGNECO/METREL, INC.
Loan number
2624067303
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Addison
Borrower state
Illinois
Borrower ZIP
60101
Jobs reported
145
Loan status
Exemption 4
Forgiveness date
2021-06-22
Servicing lender
The Northern Trust Company
Originating lender
The Northern Trust Company
Reported use of proceeds
Payroll
$2,459,632
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.