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Momence Pallet Corporation

$311,833 PPP Loan in Momence, Illinois

Loan Details

Loan Number
6920118402
Date Approved
Feb 11, 2021
Loan Status
Paid in Full
Initial Approval
$311,833
Current Approval
$311,833
Forgiveness Amount
$315,220
Forgiveness Date
Mar 15, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Momence Pallet Corporation
Address
11414 E Rte 114
City
Momence
State
Illinois
ZIP Code
60954
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (321920)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$33.7M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$311,828
Utilities
$1

Lender Information

Servicing Lender
First American Bank
Originating Lender
First American Bank

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