Mt. Carmel Stabilization Group, Inc.

$2,473,000 PPP Loan in Mount Carmel, Illinois

Loan Details

Loan Number
4577237203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$2,473,000
Current Approval
$2,473,000
Forgiveness Amount
$2,501,233
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mt. Carmel Stabilization Group, Inc.
Address
1611 College Dr
ZIP Code
62863
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237310)
Business Age
Unanswered
Jobs Reported
293
Estimated Revenue
$90.8M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$1,854,750
Utilities
$309,125
Mortgage Interest
$309,125

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank & Trust, National Association

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