Contractors Flooring Outlet

$349,270 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
2164387205
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$349,270
Current Approval
$349,270
Forgiveness Amount
$351,579
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Contractors Flooring Outlet
Address
1380 Gateway Dr Ste1
City
Elgin
ZIP Code
60124-7891
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423310)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.4M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$290,000
Rent
$20,000
Utilities
$10,000
Health Care
$29,270

Lender Information

Servicing Lender
Tbk Bank, Ssb
Originating Lender
Tbk Bank, Ssb

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