Illini Wire Works INC

$238,200 PPP Loan in Olney, Illinois

Loan Details

Loan Number
2446587106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$238,200
Current Approval
$238,200
Forgiveness Amount
$239,492
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Illini Wire Works INC
Address
4705 E Radio Tower Ln
City
Olney
ZIP Code
62450-4706
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332618)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$8.8M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$230,500
Rent
$1,500
Utilities
$3,725
Mortgage Interest
$2,475

Lender Information

Servicing Lender
Trustbank
Originating Lender
Trustbank

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