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Alton Steel INC

$2,000,000 PPP Loan in Alton, Illinois

Loan Details

Loan Number
5522968410
Date Approved
Feb 8, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,013,863
Forgiveness Date
Oct 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Alton Steel INC
Address
5 Cut St
City
Alton
State
Illinois
ZIP Code
62002-1776
Business Type
Corporation
Industry (NAICS)
Manufacturing (331221)
Business Age
Existing or more than 2 years old
Jobs Reported
256
Estimated Revenue
$67.0M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$1,999,997
Utilities
$1

Lender Information

Servicing Lender
Synovus Bank
Originating Lender
Synovus Bank

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