Nichols Farm & Orchard INC

$243,422 PPP Loan in Marengo, Illinois

Loan Details

Loan Number
9595117002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$243,422
Current Approval
$243,422
Forgiveness Amount
$244,928
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nichols Farm & Orchard INC
Address
2602 Hawthorn Rd
ZIP Code
60152-8032
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111219)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$194,738
Rent
$16,228
Utilities
$16,228
Mortgage Interest
$16,228

Lender Information

Servicing Lender
Compeer Financial, Aca
Originating Lender
Compeer Financial, Aca

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