Ceroni Piping Co

$1,925,000 PPP Loan in Cherry Valley, Illinois

Loan Details

Loan Number
2291188508
Date Approved
Feb 20, 2021
Loan Status
Paid in Full
Initial Approval
$1,925,000
Current Approval
$1,925,000
Forgiveness Amount
$1,936,390
Forgiveness Date
Sep 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ceroni Piping Co
Address
7770 Ceroni Rd
ZIP Code
61016-2300
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$62.7M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$1,924,994
Utilities
$1

Lender Information

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

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