PPP Loan information for Porter brothers asphalt & sealing inc

$288,800

Porter brothers asphalt & sealing inc was initially approved for PPP Loan of amount $288,800, the current approved amount is $288,800. The loan was approved on 04/04/2020 by The Community State Bank of Rock Falls reported 17 jobs and $288,800 was used to fund payroll.

Porter brothers asphalt & sealing inc is Existing or more than 2 years old

PORTER BROTHERS ASPHALT & SEALING INC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PORTER BROTHERS ASPHALT & SEALING INC

Borrower Address

1106 INDUSTRIAL PARK RD

Borrower City

ROCK FALLS

Borrower State

IL

Borrower Zip

61071-3162

Loan Status Date

10/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288800.00

Current Approval Amount

288800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22426

Servicing Lender Name

Community State Bank of Rock Falls

Servicing Lender Address

1801 First Ave

Servicing Lender City

ROCK FALLS

Servicing Lender State

IL

Servicing Lender Zip

61071-3519

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCK FALLS

Project County Name

WHITESIDE

Project State

IL

Project Zip

61071-3162

CD

IL-17

Jobs Reported

17

NAICS Code

324122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

288800.00

Mortgage Interest Proceed

0.00

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

22426

Originating Lender

Community State Bank of Rock Falls

Originating Lender City

ROCK FALLS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

291359.09

Forgiveness Date

03/01/2021

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