PPP Loan information for Phoenix rope & cordage co, inc

$186,423

Phoenix rope & cordage co, inc was initially approved for PPP Loan of amount $186,400, the current approved amount is $186,423. The loan was approved on 04/10/2020 by The Old Plank Trail Community Bank, National Association reported 12 jobs and $186,423 was used to fund payroll.

Phoenix rope & cordage co, inc is Existing or more than 2 years old

PPP Loan Search / IL / JOLIET / Phoenix rope & cordage co, inc

PHOENIX ROPE & CORDAGE CO, INC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PHOENIX ROPE & CORDAGE CO, INC

Borrower Address

220 ALESSIO DR

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60433-2975

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186400.00

Current Approval Amount

186423.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60433-2975

CD

IL-14

Jobs Reported

12

NAICS Code

314994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23302.88

Payroll Proceed

139817.25

Mortgage Interest Proceed

23302.87

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

188054.20

Forgiveness Date

03/01/2021

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