Farnsworth Group, INC

$9,151,700 PPP Loan in Bloomington, Illinois

Loan Details

Loan Number
8855757009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$9,151,700
Current Approval
$9,151,700
Forgiveness Amount
$9,258,978
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farnsworth Group, INC
Address
2709 Mcgraw Drive
ZIP Code
61704-6011
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
490
Estimated Revenue
$60.4M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$8,643,000
Rent
$470,000
Utilities
$30,000
Mortgage Interest
$8,700

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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