111 SALVAGE LLC (IL) - 2020 PPP Loan Borrower Profile (# 5313317008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 111 SALVAGE LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Illinois.

Loan Detail

Loan Number

5313317008

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$337,500

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$340,575

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

337,500

Lender

First Mid Bank and Trust National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423140

Borrower Location

GRANITE CITY, IL

Project Location

GRANITE CITY, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.