Koerner Distributor, Inc.
$2,889,700 PPP Loan in Effingham, Illinois
Loan Details
- Loan Number
- 1607517202
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,889,700
- Current Approval
- $2,889,700
- Forgiveness Amount
- $2,921,647
- Forgiveness Date
- Jun 1, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Koerner Distributor, Inc.
- Address
- 1601 Pike Ave
- City
- Effingham
- State
- Illinois
- ZIP Code
- 62401-4291
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (424810)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 231
- Estimated Revenue
- $59.5M
- Rural/Urban
- Rural
- Congressional District
- IL-12
Loan Use Breakdown
- Payroll
- $2,889,700
Lender Information
- Servicing Lender
- Fifth Third Bank
- Originating Lender
- Fifth Third Bank
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