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Otto Baum Company, Inc.

$3,027,500 PPP Loan in Morton, Illinois

Loan Details

Loan Number
8072787000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,027,500
Current Approval
$3,027,500
Forgiveness Amount
$3,062,989
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Otto Baum Company, Inc.
Address
866 N Main St
City
Morton
State
Illinois
ZIP Code
61550-1602
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
141
Estimated Revenue
$160.6M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$3,027,500

Lender Information

Servicing Lender
Morton Community Bank
Originating Lender
Morton Community Bank

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