As part of the Paycheck Protection Program PHELPS INDUSTRIES LLC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

PHELPS INDUSTRIES LLC


Loan Amount	$1,060,837
BusinessName	PHELPS INDUSTRIES LLC
Address	5213 26TH AVE
City	ROCKFORD
State	IL
Zip	61109
NAICSCode	311111
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	87
DateApproved	04/14/2020
Lender	St. Charles Bank & Trust Company, National Association
CD	IL-16
BusinessName.clean	PHELPS INDUSTRIES

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

PHELPS MEMORIAL HEALTH CENTER
PHELPS SECURITY
PHELPS UNIFORM SPECIALISTS
PHEND AND BROWN
PHENIX ENGINEERED TEXTILES