Loescher Heating and Air Conditioning

$1,297,500 PPP Loan in Freeport, Illinois

Loan Details

Loan Number
1131348308
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$1,297,500
Current Approval
$1,297,500
Forgiveness Amount
$1,304,132
Forgiveness Date
Jul 30, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Loescher Heating and Air Conditioning
Address
1860 S Walnut Rd
ZIP Code
61032-9523
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$17.4M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,297,500

Lender Information

Servicing Lender
State Bank
Originating Lender
State Bank

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