Ipsen Inc.

$2,000,000 PPP Loan in Cherry Valley, Illinois

Loan Details

Loan Number
5418268608
Date Approved
Mar 20, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,024,822
Forgiveness Date
Jun 22, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ipsen Inc.
Address
984 Ipsen Rd
ZIP Code
61016-3800
Business Type
Corporation
Industry (NAICS)
Manufacturing (333994)
Business Age
Existing or more than 2 years old
Jobs Reported
200
Estimated Revenue
$52.4M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$1,999,997
Utilities
$1

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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