R. R. Floody Company, INC

$320,000 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
8828917003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$320,000
Current Approval
$320,000
Forgiveness Amount
$322,480
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R. R. Floody Company, INC
Address
5065 27th Ave
ZIP Code
61109-1710
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$308,000
Rent
$5,500
Utilities
$2,000
Debt Interest
$4,500

Lender Information

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

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