Precision Waterjet & Laser Llc
684 Tek Dr, Crystal Lake, IL 60014 · Precision Turned Product Manufacturing (NAICS 332721)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$3.8M
Jobs Supported
36
Years Active
2022–2022
Loan History (2)
Source: SBA FOIA7(a)$3,290,100
Exempt
- Approved
- Aug 23, 2022 (FY2022)
- SBA Guaranteed
- $2,467,575 (75%)
- Term
- 177 months (14.8 yrs)
- Interest Rate
- 6.25%
- Revolver
- 0
- Jobs Supported
- 18
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- Precision Turned Product Manufacturing (NAICS 332721)
Lender
Old National Bank
One Main St, Evansville, IN 47708
Project Location
Mchenry County, IL
7(a)$500,000
Exempt
- Approved
- Aug 23, 2022 (FY2022)
- SBA Guaranteed
- $250,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 6.50%
- Revolver
- 1
- Jobs Supported
- 18
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- Precision Turned Product Manufacturing (NAICS 332721)
Lender
Old National Bank
One Main St, Evansville, IN 47708
Project Location
Mchenry County, IL
Business Details
- Business Type
- Corporation
- Business Age
- Change of Ownership
- NAICS Code
- 332721 — Precision Turned Product Manufacturing
- Address
- 684 Tek Dr
Crystal Lake, IL 60014
Lender
- Old National Bank
- One Main St, Evansville, IN 47708