The Tranel Financial Group, Ltd.

$464,600 PPP Loan in Libertyville, Illinois

Loan Details

Loan Number
6833537002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$464,600
Current Approval
$464,600
Forgiveness Amount
$468,652
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Tranel Financial Group, Ltd.
Address
1509 N. Milwaukee Ave
ZIP Code
60048-1306
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (523920)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$348,450
Rent
$58,075
Utilities
$58,075

Lender Information

Servicing Lender
Libertyville Bank & Trust Company, National Association
Originating Lender
Libertyville Bank & Trust Company, National Association

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