Laux Hvac & Sheet Metal Inc.

$225,100 PPP Loan in Albers, Illinois

Loan Details

Loan Number
5736787000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$225,100
Current Approval
$225,100
Forgiveness Amount
$227,690
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Laux Hvac & Sheet Metal Inc.
Address
5260 State Route 161
City
Albers
ZIP Code
62215-1083
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238190)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$166,500
Rent
$6,000
Utilities
$3,000
Health Care
$47,600
Mortgage Interest
$2,000

Lender Information

Servicing Lender
1nb Bank
Originating Lender
1nb Bank

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