Phalen Steel Construction Company
$397,325 PPP Loan in Mendota, Illinois
Loan Details
- Loan Number
- 1077017305
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $397,325
- Current Approval
- $397,325
- Forgiveness Amount
- $401,766
- Forgiveness Date
- Jun 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Phalen Steel Construction Company
- Address
- 200 US Highway 52
- City
- Mendota
- State
- Illinois
- ZIP Code
- 61342-8918
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (236210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 22
- Estimated Revenue
- $25.1M
- Rural/Urban
- Rural
- Congressional District
- IL-14
Loan Use Breakdown
- Payroll
- $370,325
- Utilities
- $12,000
- Mortgage Interest
- $15,000
Lender Information
- Servicing Lender
- First State Bank
- Originating Lender
- First State Bank
Other PPP Loans in Mendota, IL
| Business | Approved | |
|---|---|---|
| Hcc Inc. | $2,775,877 |  AI Deep Dive |
| Holland & Sons, Inc. | $1,751,700 | AI Deep Dive |
| Northern Partners Cooperative | $1,303,693 | AI Deep Dive |
| Northern Partners Cooperative | $1,303,692 | AI Deep Dive |
| Starved Rock Wood Products LLC | $1,238,800 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free