Geostar Mechanical, INC

$338,000 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
9217117005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$338,000
Current Approval
$410,090
Forgiveness Amount
$414,806
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Geostar Mechanical, INC
Address
27 Airport Road
ZIP Code
61109-2901
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.6M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$400,162
Rent
$5,672
Utilities
$1,127
Debt Interest
$3,129

Lender Information

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

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