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News Media Corporation

$2,188,100 PPP Loan in Rochelle, Illinois

Loan Details

Loan Number
4950947007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,188,100
Current Approval
$329,300
Forgiveness Amount
$333,508
Forgiveness Date
Jul 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
News Media Corporation
Address
211 Highway 38e
City
Rochelle
State
Illinois
ZIP Code
61068
Business Type
Corporation
Industry (NAICS)
Information (511110)
Business Age
Existing or more than 2 years old
Jobs Reported
366
Estimated Revenue
$61.5M
Rural/Urban
Rural
Congressional District
IL-16

Loan Use Breakdown

Payroll
$329,300

Lender Information

Servicing Lender
Byline Bank
Originating Lender
Byline Bank

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