Lamp Incorporated

$620,000 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
2056437101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$620,000
Current Approval
$620,000
Forgiveness Amount
$629,266
Forgiveness Date
Oct 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lamp Incorporated
Address
460 N Grove Ave
City
Elgin
ZIP Code
60120-3612
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$34.2M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$465,000
Utilities
$77,500
Mortgage Interest
$77,500

Lender Information

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

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