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Meco Erection, Inc.

$550,300 PPP Loan in Morris, Illinois

Loan Details

Loan Number
1481997308
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$550,300
Current Approval
$550,300
Forgiveness Amount
$553,146
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Meco Erection, Inc.
Address
6180 Gun Club Road
City
Morris
State
Illinois
ZIP Code
60450
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Unanswered
Jobs Reported
63
Estimated Revenue
$71.8M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$412,725
Rent
$137,575

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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