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Phoenix Rope & Cordage Co, INC

$186,400 PPP Loan in Joliet, Illinois

Loan Details

Loan Number
1546507107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$186,400
Current Approval
$186,423
Forgiveness Amount
$188,054
Forgiveness Date
Mar 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Phoenix Rope & Cordage Co, INC
Address
220 Alessio Dr
City
Joliet
State
Illinois
ZIP Code
60433-2975
Business Type
Corporation
Industry (NAICS)
Manufacturing (314994)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$139,817
Utilities
$23,303
Mortgage Interest
$23,303

Lender Information

Servicing Lender
Old Plank Trail Community Bank, National Association
Originating Lender
Old Plank Trail Community Bank, National Association

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