Oates Associates, Inc.

$815,000 PPP Loan in Collinsville, Illinois

Loan Details

Loan Number
5670727000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$815,000
Current Approval
$815,000
Forgiveness Amount
$825,718
Forgiveness Date
Aug 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Oates Associates, Inc.
Address
100 Lanter Court, Suite 1
ZIP Code
62234-6131
Business Type
Corporation
Industry (NAICS)
Construction (237990)
Business Age
Unanswered
Jobs Reported
45
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$611,250
Rent
$203,750

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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