Kaney Aerospace, Inc.

$1,313,000 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
6168037004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,313,000
Current Approval
$1,557,000
Forgiveness Amount
$1,575,165
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kaney Aerospace, Inc.
Address
1300 Capital Dr
ZIP Code
61109-3076
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$12.9M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,530,000
Rent
$13,500
Utilities
$13,500

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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