Quad County Ready Mix Corp.

$925,000 PPP Loan in Okawville, Illinois

Loan Details

Loan Number
4491797010
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$925,000
Current Approval
$925,000
Forgiveness Amount
$930,550
Forgiveness Date
Nov 20, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Quad County Ready Mix Corp.
Address
300 W. 12th Ave
ZIP Code
62271-2137
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423320)
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$27.6M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$830,000
Utilities
$20,000
Health Care
$30,000
Mortgage Interest
$25,000
Debt Interest
$20,000

Lender Information

Servicing Lender
Community First Bank of the Heartland
Originating Lender
Community First Bank of the Heartland

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