Bates Next Generation Farms

$25,000 PPP Loan in Rockton, Illinois

Loan Details

Loan Number
1369667107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$25,000
Current Approval
$25,000
Forgiveness Amount
$25,149
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bates Next Generation Farms
Address
7271 Freeport Rd
ZIP Code
61072-9736
Business Type
Self-Employed Individuals
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111150)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$18,750
Utilities
$3,125
Mortgage Interest
$3,125

Lender Information

Servicing Lender
State Bank of Davis
Originating Lender
State Bank of Davis

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