Lsp Industries, Inc. and Subsidiary

$356,000 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
9044017000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$356,000
Current Approval
$356,000
Forgiveness Amount
$358,126
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lsp Industries, Inc. and Subsidiary
Address
5060 27th Ave
ZIP Code
61109-1711
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$285,000
Rent
$55,000
Utilities
$15,000
Debt Interest
$1,000

Lender Information

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

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