Torkelson Cheese Co.

$228,225 PPP Loan in Lena, Illinois

Loan Details

Loan Number
5886527107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$228,225
Current Approval
$228,225
Forgiveness Amount
$230,176
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Torkelson Cheese Co.
Address
9453 W Louisa Rd
City
Lena
ZIP Code
61048
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (311513)
Business Age
Unanswered
Jobs Reported
29
Estimated Revenue
$10.2M
Rural/Urban
Rural
Congressional District
IL-16

Loan Use Breakdown

Payroll
$217,602
Health Care
$10,623

Lender Information

Servicing Lender
The Greenwood's State Bank
Originating Lender
The Greenwood's State Bank

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