Prophet Gear, Inc.
$164,000 PPP Loan in Prophetstown, Illinois
Loan Details
- Loan Number
- 4344797010
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $164,000
- Current Approval
- $164,000
- Forgiveness Amount
- $164,940
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Prophet Gear, Inc.
- Address
- 65 Grove Street
- City
- Prophetstown
- State
- Illinois
- ZIP Code
- 61277-9376
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333612)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 22
- Estimated Revenue
- $5.8M
- Rural/Urban
- Rural
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $123,000
- Utilities
- $41,000
Lender Information
- Servicing Lender
- The Clinton National Bank
- Originating Lender
- The Clinton National Bank
Other PPP Loans in Prophetstown, IL
| Business | Approved | |
|---|---|---|
| Rock River Lumber & Grain Co. | $1,603,191 | |
| Rock River Lumber & Grain Co | $1,353,800 | |
| Winning Wheels Inc. | $865,220 | |
| Genesis Iii, Inc. | $357,830 | |
| Allure of Prophetstown, LLC | $307,294 |
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