Vernell's Interstate Service Inc.

$363,887 PPP Loan in Marion, Illinois

Loan Details

Loan Number
6296827010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$363,887
Current Approval
$363,887
Forgiveness Amount
$366,020
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Vernell's Interstate Service Inc.
Address
2605 Vernell Road
City
Marion
ZIP Code
62959
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (488410)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$291,110
Utilities
$5,000
Mortgage Interest
$67,777

Lender Information

Servicing Lender
The Bank of Herrin
Originating Lender
The Bank of Herrin

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