U.s. Iol, Inc.

$850,000 PPP Loan in Lexington, Kentucky

Loan Details

Loan Number
1463157702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$850,000
Current Approval
$850,000
Forgiveness Amount
$859,325
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
U.s. Iol, Inc.
Address
2500 Sandersville Rd
ZIP Code
40511
Business Type
Corporation
Industry (NAICS)
Manufacturing (339115)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
KY-06

Loan Use Breakdown

Payroll
$772,000
Utilities
$10,000
Health Care
$64,000
Mortgage Interest
$4,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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