Abbey Paving & Sealcoating Co.

$3,364,000 PPP Loan in Aurora, Illinois

Loan Details

Loan Number
6467687000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$3,364,000
Current Approval
$3,364,000
Forgiveness Amount
$3,403,340
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Abbey Paving & Sealcoating Co.
Address
1949 County Line Road
City
Aurora
ZIP Code
60502-7704
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
217
Estimated Revenue
$73.9M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$2,523,000
Utilities
$336,400
Mortgage Interest
$504,600

Lender Information

Servicing Lender
Wintrust Bank, National Association
Originating Lender
Wintrust Bank, National Association

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