Mt Carmel Public Utility Co

$827,900 PPP Loan in Mount Carmel, Illinois

Loan Details

Loan Number
4909917007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$827,900
Current Approval
$750,000
Forgiveness Amount
$758,375
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mt Carmel Public Utility Co
Address
316 Market Street
ZIP Code
62863
Business Type
Corporation
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$562,500
Utilities
$187,500

Lender Information

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

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