Federal Steel and Erection Co.

$1,617,000 PPP Loan in East Alton, Illinois

Loan Details

Loan Number
3707738310
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$1,617,000
Current Approval
$1,617,000
Forgiveness Amount
$1,630,340
Forgiveness Date
Nov 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Federal Steel and Erection Co.
Address
200 E Alton Ave
ZIP Code
62024-1464
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
92
Estimated Revenue
$22.5M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$1,616,995
Utilities
$1

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

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