Northern Illinois Terrazzo & Tile Company

$978,000 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
1132927104
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$978,000
Current Approval
$978,000
Forgiveness Amount
$989,111
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northern Illinois Terrazzo & Tile Company
Address
1125 North 2nd St
ZIP Code
61107-3008
Business Type
Corporation
Industry (NAICS)
Construction (238340)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$733,500
Rent
$146,700
Utilities
$97,800

Lender Information

Servicing Lender
St. Charles Bank & Trust Company, National Association
Originating Lender
St. Charles Bank & Trust Company, National Association

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