The Economic Development Group, Ltd.

$106,500 PPP Loan in Bloomington, Illinois

Loan Details

Loan Number
5497207101
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$106,500
Current Approval
$106,500
Forgiveness Amount
$107,163
Forgiveness Date
Nov 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Economic Development Group, Ltd.
Address
1701 Clearwater Avenue
ZIP Code
61704-2263
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541690)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$100,000
Rent
$6,500

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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