Delta Power Company

$1,068,300 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
9931787004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,068,300
Current Approval
$1,068,300
Forgiveness Amount
$1,074,205
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Delta Power Company
Address
4484 Boeing Drive
ZIP Code
61109-2931
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333996)
Business Age
Existing or more than 2 years old
Jobs Reported
82
Estimated Revenue
$21.5M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$801,225
Utilities
$267,075

Lender Information

Servicing Lender
Northwest Bank of Rockford
Originating Lender
Northwest Bank of Rockford

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