F Mcconnell and Sons INC

$520,500 PPP Loan in New Haven, Indiana

Loan Details

Loan Number
8391537003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$520,500
Current Approval
$520,500
Forgiveness Amount
$524,577
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
F Mcconnell and Sons INC
Address
11102 Lincoln Hwy
State
Indiana
ZIP Code
46774-9383
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424940)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$15.7M
Rural/Urban
Urban
Congressional District
IN-03

Loan Use Breakdown

Payroll
$388,700
Rent
$63,475
Utilities
$39,007
Health Care
$27,818
Debt Interest
$1,500

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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