Prophet Gear Co.

$166,955 PPP Loan in Prophetstown, Illinois

Loan Details

Loan Number
1744358303
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$166,955
Current Approval
$166,955
Forgiveness Amount
$168,414
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Prophet Gear Co.
Address
Route 78 N
ZIP Code
61277
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333612)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.2M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$166,953
Utilities
$1

Lender Information

Servicing Lender
The Clinton National Bank
Originating Lender
The Clinton National Bank

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