E. Formella & Sons
$200,255 PPP Loan in Countryside, Illinois
Loan Details
- Loan Number
- 1359117200
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $200,255
- Current Approval
- $200,255
- Forgiveness Amount
- $201,445
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- E. Formella & Sons
- Address
- 411 E Plainfield Road
- City
- Countryside
- State
- Illinois
- ZIP Code
- 60525
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (424410)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 28
- Estimated Revenue
- $7.2M
- Rural/Urban
- Urban
- Congressional District
- IL-04
Loan Use Breakdown
- Payroll
- $176,212
- Rent
- $11,500
- Utilities
- $2,908
- Health Care
- $1,196
- Mortgage Interest
- $5,939
- Debt Interest
- $2,500
Lender Information
- Servicing Lender
- Byline Bank
- Originating Lender
- Byline Bank
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