Avalon Petroleum Company

$762,285 PPP Loan in Kankakee, Illinois

Loan Details

Loan Number
8702617001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$762,285
Current Approval
$762,285
Forgiveness Amount
$768,822
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Avalon Petroleum Company
Address
200 E. Court St. Suite 720
ZIP Code
60901-3843
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$10.8M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$664,984
Rent
$9,870
Utilities
$7,054
Health Care
$80,377

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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