Axline's Inc.

$310,000 PPP Loan in Monmouth, Illinois

Loan Details

Loan Number
6897327008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$310,000
Current Approval
$310,000
Forgiveness Amount
$311,809
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Axline's Inc.
Address
220 N. Main St
ZIP Code
61462-1741
Business Type
Corporation
Industry (NAICS)
Retail Trade (446110)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$7.7M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$248,000
Utilities
$31,000
Mortgage Interest
$31,000

Lender Information

Servicing Lender
Fortress Bank
Originating Lender
Fortress Bank

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