Peerless Enterprises, Inc.

$1,227,000 PPP Loan in West Chicago, Illinois

Loan Details

Loan Number
8483417010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,227,000
Current Approval
$1,227,000
Forgiveness Amount
$1,241,485
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Peerless Enterprises, Inc.
Address
33 W401 Roosevelt Rd
ZIP Code
60185-2611
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$15.0M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,138,000
Rent
$74,500
Utilities
$13,000
Debt Interest
$1,500

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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