Corn Belt Energy

$2,280,400 PPP Loan in Bloomington, Illinois

Loan Details

Loan Number
2920197410
Date Approved
May 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,280,400
Current Approval
$2,280,400
Forgiveness Amount
$2,308,588
Forgiveness Date
Aug 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Corn Belt Energy
Address
1 Energy Way
ZIP Code
61705
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
82
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$2,059,000
Debt Interest
$221,400

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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