Douglas Floor Covering, INC

$699,700 PPP Loan in North Aurora, Illinois

Loan Details

Loan Number
6989927106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$699,700
Current Approval
$699,700
Forgiveness Amount
$705,103
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Douglas Floor Covering, INC
Address
200 Alder Dr
ZIP Code
60542-1400
Business Type
Corporation
Industry (NAICS)
Retail Trade (442210)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$629,000
Rent
$60,000
Utilities
$10,700

Lender Information

Servicing Lender
Old Second National Bank
Originating Lender
Old Second National Bank

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