L&l of Sterling, Inc.
$740,350 PPP Loan in Sterling, Illinois
Loan Details
- Loan Number
- 7866127009
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $740,350
- Current Approval
- $740,350
- Forgiveness Amount
- $745,847
- Forgiveness Date
- Jan 14, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- L&l of Sterling, Inc.
- Address
- 218 W. 3rd St.
- City
- Sterling
- State
- Illinois
- ZIP Code
- 61081-3507
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 101
- Estimated Revenue
- $30.9M
- Rural/Urban
- Rural
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $740,350
Lender Information
- Servicing Lender
- Sauk Valley Bank & Trust Company
- Originating Lender
- Sauk Valley Bank & Trust Company
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|---|---|---|
| Mcginn & Mcginn, Inc. | $2,064,000 |  Research |
| Mcginn & Mcginn INC | $1,898,815 | Research |
| Frantz Manufacturing Company | $1,259,500 | Research |
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