Federated Group INC

$1,311,497 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
7570097003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,311,497
Current Approval
$1,311,497
Forgiveness Amount
$1,326,288
Forgiveness Date
Jun 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Federated Group INC
Address
3025 W Salt Creek Ln
ZIP Code
60005-1083
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424410)
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$28.3M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$983,623
Utilities
$131,149
Mortgage Interest
$196,725

Lender Information

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

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