Lower Farms INC

$81,200 PPP Loan in Lanark, Illinois

Loan Details

Loan Number
1613568307
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$81,200
Current Approval
$81,200
Forgiveness Amount
$81,592
Forgiveness Date
Jul 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lower Farms INC
Address
24444 Cyclone Ridge Rd
City
Lanark
ZIP Code
61046-8878
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112111)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$81,197
Utilities
$1

Lender Information

Servicing Lender
State Bank of Davis
Originating Lender
State Bank of Davis

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