Central Illinois Steel Company

$555,000 PPP Loan in Carlinville, Illinois

Loan Details

Loan Number
1400837109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$555,000
Current Approval
$555,000
Forgiveness Amount
$562,092
Forgiveness Date
Jul 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Central Illinois Steel Company
Address
21050 Route 4 Po Box78
ZIP Code
62626
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$14.4M
Rural/Urban
Rural
Congressional District
IL-13

Loan Use Breakdown

Payroll
$416,250
Utilities
$69,375
Mortgage Interest
$69,375

Lender Information

Servicing Lender
Bank & Trust Company
Originating Lender
Bank & Trust Company

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