Preferred Concrete & Excavating, Inc.

$390,400 PPP Loan in Freeport, Illinois

Loan Details

Loan Number
6316657005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$390,400
Current Approval
$390,400
Forgiveness Amount
$209,729
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preferred Concrete & Excavating, Inc.
Address
1321 S. Adams Ave
ZIP Code
61032-9705
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$292,800
Rent
$48,800
Utilities
$48,800

Lender Information

Servicing Lender
State Bank
Originating Lender
State Bank

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