PPP Loan information for Phelps industries llc

$1,060,837

Phelps industries llc was initially approved for PPP Loan of amount $1,060,837, the current approved amount is $1,060,837. The loan was approved on 04/14/2020 by The St. Charles Bank & Trust Company, National Association reported 87 jobs and $1,060,837 was used to fund payroll.

Phelps industries llc is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Phelps industries llc

PHELPS INDUSTRIES LLC

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PHELPS INDUSTRIES LLC

Borrower Address

5213 26TH AVE

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61109-1707

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1060837.00

Current Approval Amount

1060837.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111865

Servicing Lender Name

St. Charles Bank & Trust Company, National Association

Servicing Lender Address

411 W Main St

Servicing Lender City

SAINT CHARLES

Servicing Lender State

IL

Servicing Lender Zip

60174-1815

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-1707

CD

IL-17

Jobs Reported

87

NAICS Code

311111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

106083.00

Payroll Proceed

795628.00

Mortgage Interest Proceed

159126.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

111865

Originating Lender

St. Charles Bank & Trust Company, National Association

Originating Lender City

SAINT CHARLES

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1070325.60

Forgiveness Date

03/09/2021

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