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Black Diamond Pipe & Tube INC

$489,500 PPP Loan in Peotone, Illinois

Loan Details

Loan Number
6270047003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$489,500
Current Approval
$489,500
Forgiveness Amount
$493,593
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Black Diamond Pipe & Tube INC
Address
521 N First St
City
Peotone
State
Illinois
ZIP Code
60468-8975
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$8.3M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$367,125
Mortgage Interest
$122,375

Lender Information

Servicing Lender
Old Plank Trail Community Bank, National Association
Originating Lender
Old Plank Trail Community Bank, National Association

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