Folsom Distributing Co

$625,000 PPP Loan in Wood River, Illinois

Loan Details

Loan Number
7874147004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$625,000
Current Approval
$625,000
Forgiveness Amount
$630,616
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Folsom Distributing Co
Address
250 Citrus Ln
ZIP Code
62095-1447
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424490)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$14.2M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$625,000

Lender Information

Servicing Lender
Associated Bank, National Association
Originating Lender
Associated Bank, National Association

Other PPP Loans in Wood River, IL

BusinessApproved
Wertz Welding & Tank Service, Inc.$1,257,300NewBizBotAI Deep Dive
Waggoner Equipment Rental LLC - C603065$941,832NewBizBotAI Deep Dive
Autocenters Nissan Inc.$933,852NewBizBotAI Deep Dive
Autocenters Nissan, Inc.$933,800NewBizBotAI Deep Dive
William M. Bedell Achievement and Resource Center$900,550NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free