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Illinois Truck & Equipment Co INC

$1,534,600 PPP Loan in Morris, Illinois

Loan Details

Loan Number
5732407005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,534,600
Current Approval
$1,534,600
Forgiveness Amount
$1,545,615
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Illinois Truck & Equipment Co INC
Address
320 Briscoe Drive
City
Morris
State
Illinois
ZIP Code
60450-6854
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333924)
Business Age
Unanswered
Jobs Reported
74
Estimated Revenue
$19.4M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$1,150,950
Rent
$383,650

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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