Root Engineering, Ltd

$228,300 PPP Loan in Gurnee, Illinois

Loan Details

Loan Number
8914687002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$228,300
Current Approval
$228,300
Forgiveness Amount
$229,513
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Root Engineering, Ltd
Address
Grove Ave
City
Gurnee
ZIP Code
60031-2103
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$171,225
Utilities
$28,538
Mortgage Interest
$28,538

Lender Information

Servicing Lender
Johnson Bank
Originating Lender
Johnson Bank

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