Lafeber Company

$326,500 PPP Loan in Cornell, Illinois

Loan Details

Loan Number
3257097107
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$326,500
Current Approval
$326,500
Forgiveness Amount
$328,649
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lafeber Company
Address
24981 N 1400 East Road
ZIP Code
61319-9770
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112990)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$5.2M
Rural/Urban
Rural
Congressional District
IL-16

Loan Use Breakdown

Payroll
$244,875
Rent
$40,813
Utilities
$40,813

Lender Information

Servicing Lender
Libertyville Bank & Trust Company, National Association
Originating Lender
Libertyville Bank & Trust Company, National Association

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