Phelps Industries LLC
$1,060,837 PPP Loan in Rockford, Illinois
Loan Details
- Loan Number
- 7904537103
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,060,837
- Current Approval
- $1,060,837
- Forgiveness Amount
- $1,070,326
- Forgiveness Date
- Mar 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Phelps Industries LLC
- Address
- 5213 26th Ave
- City
- Rockford
- State
- Illinois
- ZIP Code
- 61109-1707
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (311111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 87
- Estimated Revenue
- $30.7M
- Rural/Urban
- Urban
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $795,628
- Utilities
- $106,083
- Mortgage Interest
- $159,126
Lender Information
- Servicing Lender
- St. Charles Bank & Trust Company, National Association
- Originating Lender
- St. Charles Bank & Trust Company, National Association
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