Proto-Cutter, Inc.

$191,000 PPP Loan in Freeport, Illinois

Loan Details

Loan Number
1930347101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$191,000
Current Approval
$191,000
Forgiveness Amount
$192,724
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Proto-Cutter, Inc.
Address
101 Sliberty Ave
ZIP Code
61032-5119
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531190)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$163,000
Rent
$19,000
Utilities
$9,000

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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