Scarlet Construction Inc.

$482,600 PPP Loan in Olympia Fields, Illinois

Loan Details

Loan Number
5055407105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$482,600
Current Approval
$482,600
Forgiveness Amount
$491,488
Forgiveness Date
Feb 10, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Scarlet Construction Inc.
Address
20701 Oaklane Drive Ste 113
ZIP Code
60461
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$361,950
Utilities
$60,325
Mortgage Interest
$60,325

Lender Information

Servicing Lender
Wheaton Bank & Trust Company, National Association
Originating Lender
Wheaton Bank & Trust Company, National Association

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