Groenewold Fur & Wool Company

$307,700 PPP Loan in Freeport, Illinois

Loan Details

Loan Number
6435627010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$307,700
Current Approval
$326,900
Forgiveness Amount
$328,887
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Groenewold Fur & Wool Company
Address
304 E. Avon St
ZIP Code
61032-0663
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (315280)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$7.8M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$245,175
Utilities
$40,863
Mortgage Interest
$40,863

Lender Information

Servicing Lender
State Bank
Originating Lender
State Bank

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