Lower Farms INC
$81,300 PPP Loan in Lanark, Illinois
Loan Details
- Loan Number
- 5317737100
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $81,300
- Current Approval
- $81,300
- Forgiveness Amount
- $82,014
- Forgiveness Date
- Mar 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lower Farms INC
- Address
- 24444 Cyclone Ridge Rd
- City
- Lanark
- State
- Illinois
- ZIP Code
- 61046-8878
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (111150)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 7
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $60,975
- Utilities
- $10,163
- Mortgage Interest
- $10,163
Lender Information
- Servicing Lender
- State Bank of Davis
- Originating Lender
- State Bank of Davis
Other PPP Loans in Lanark, IL
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|---|---|---|
| Carroll Service Company | $675,918 |  AI Deep Dive |
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| Lake Carroll Property Owners Association | $458,083 | AI Deep Dive |
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| Rolling Hills Progress Center | $265,700 | AI Deep Dive |
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