Rock River Lumber & Grain Co

$1,353,800 PPP Loan in Prophetstown, Illinois

Loan Details

Loan Number
5955057004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,353,800
Current Approval
$1,353,800
Forgiveness Amount
$1,364,066
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rock River Lumber & Grain Co
Address
5502 Lyndon Road
ZIP Code
61277-9588
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424510)
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$27.0M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,287,800
Rent
$21,000
Utilities
$15,000
Mortgage Interest
$30,000

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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