Schrocks Sawmill LLC

$80,400 PPP Loan in Arcola, Illinois

Loan Details

Loan Number
7359708106
Date Approved
Jul 23, 2020
Loan Status
Paid in Full
Initial Approval
$80,400
Current Approval
$80,400
Forgiveness Amount
$81,025
Forgiveness Date
May 3, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Schrocks Sawmill LLC
Address
61 N County Road 450e
City
Arcola
ZIP Code
61910-3757
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (321113)
Business Age
New Business or 2 years or less
Jobs Reported
10
Estimated Revenue
$9.9M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$80,400

Lender Information

Servicing Lender
Morton Community Bank
Originating Lender
Morton Community Bank

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