Albion Equipment Co., Inc.

$113,107 PPP Loan in Albion, Illinois

Loan Details

Loan Number
6047147006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$113,107
Current Approval
$113,107
Forgiveness Amount
$113,748
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Albion Equipment Co., Inc.
Address
1067 Illinois Route 130
City
Albion
ZIP Code
62806-4484
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$93,107
Utilities
$5,000
Debt Interest
$15,000

Lender Information

Servicing Lender
Citizens National Bank of Albion
Originating Lender
Citizens National Bank of Albion

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