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Pecatonica Groceries INC

$123,400 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
8458797006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$123,400
Current Approval
$123,400
Forgiveness Amount
$124,713
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pecatonica Groceries INC
Address
351 Comstock Dr
City
Elgin
State
Illinois
ZIP Code
60124-3827
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (445110)
Business Age
New Business or 2 years or less
Jobs Reported
32
Estimated Revenue
$8.0M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$92,550
Utilities
$15,425
Mortgage Interest
$15,425

Lender Information

Servicing Lender
German-American State Bank
Originating Lender
German-American State Bank

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