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Pump Supply Incorporated

$354,100 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
8842347005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$354,100
Current Approval
$354,100
Forgiveness Amount
$356,067
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Pump Supply Incorporated
Address
860 Church Rd
City
Elgin
State
Illinois
ZIP Code
60123-9344
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$283,280
Rent
$35,410
Utilities
$17,705
Debt Interest
$17,705

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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