Papco Management Co INC

$923,500 PPP Loan in Peru, Illinois

Loan Details

Loan Number
8806277109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$923,500
Current Approval
$923,500
Forgiveness Amount
$933,197
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Papco Management Co INC
Address
3947 Frontage Rd
City
Peru
ZIP Code
61354-1113
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
235
Estimated Revenue
$41.7M
Rural/Urban
Rural
Congressional District
IL-14

Loan Use Breakdown

Payroll
$923,500

Lender Information

Servicing Lender
Cass Commercial Bank
Originating Lender
Cass Commercial Bank

Other PPP Loans in Peru, IL

BusinessApproved
American Nickeloid Company$2,216,785NewBizBotResearch
Horizon House of Illinois Valley, Inc.$1,084,872NewBizBotResearch
Chamlin & Associates Inc. Employee Stock Ownership Plan and$895,448NewBizBotResearch
River Docks, Inc.$824,370NewBizBotResearch
River Docks Inc.$824,370NewBizBotResearch

Want to research this company further?

Try NewBizBot free