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Sorrells Farm Supply, Inc.

$90,400 PPP Loan in Raymond, Illinois

Loan Details

Loan Number
5130887001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$90,400
Current Approval
$90,400
Forgiveness Amount
$91,007
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sorrells Farm Supply, Inc.
Address
210 E. Broad St. Po Box 499
City
Raymond
State
Illinois
ZIP Code
62560
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424910)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$67,800
Utilities
$5,650
Debt Interest
$16,950

Lender Information

Servicing Lender
The First National Bank of Litchfield
Originating Lender
The First National Bank of Litchfield

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