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Stephenson Service Company

$1,269,800 PPP Loan in Freeport, Illinois

Loan Details

Loan Number
8897047006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,269,800
Current Approval
$1,269,800
Forgiveness Amount
$1,278,406
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Stephenson Service Company
Address
410 S. Hancock Ave
City
Freeport
State
Illinois
ZIP Code
61032-5311
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424910)
Business Age
Existing or more than 2 years old
Jobs Reported
121
Estimated Revenue
$31.1M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$952,350
Utilities
$158,725
Mortgage Interest
$158,725

Lender Information

Servicing Lender
State Bank
Originating Lender
State Bank

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