P & P Industries, Inc.

$595,000 PPP Loan in Sterling, Illinois

Loan Details

Loan Number
4344327009
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$595,000
Current Approval
$595,000
Forgiveness Amount
$598,374
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
P & P Industries, Inc.
Address
2100 Enterprise Drive
ZIP Code
61081-8929
Business Type
Corporation
Industry (NAICS)
Manufacturing (325211)
Business Age
Existing or more than 2 years old
Jobs Reported
84
Estimated Revenue
$83.3M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$446,250
Rent
$100,000
Utilities
$48,750

Lender Information

Servicing Lender
The Clinton National Bank
Originating Lender
The Clinton National Bank

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