Federal Steel and Erection Co

$2,020,900 PPP Loan in East Alton, Illinois

Loan Details

Loan Number
4893177004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,020,900
Current Approval
$2,020,900
Forgiveness Amount
$1,635,809
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Federal Steel and Erection Co
Address
206 E Alton Ave
ZIP Code
62024-1464
Business Type
Corporation
Industry (NAICS)
Manufacturing (332111)
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
$2,020,900

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

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