Atlantic Construction Companies INC

$295,000 PPP Loan in Wauconda, Illinois

Loan Details

Loan Number
5237517006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$295,000
Current Approval
$295,000
Forgiveness Amount
$297,303
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Atlantic Construction Companies INC
Address
265 Jamie Ln
ZIP Code
60084-1080
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237130)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$236,000
Rent
$29,500
Utilities
$14,750
Mortgage Interest
$14,750

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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