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GEORGE W. GROELING & SONS SALVAGE, INC.

Company Details

Entity Name: GEORGE W. GROELING & SONS SALVAGE, INC.
Jurisdiction: Illinois
Entity Type: Corporation - Domestic BCA
Status: Goodstanding
Date Formed: 21 Feb 1975
Company Number: CORP_50605108
File Number: 50605108
Place of Formation: ILLINOIS

Agent

Name and Address Role Appointment Date
THOMAS A. BUESCHEL, 2601 REID FARM RD STE B, ROCKFORD, 61114, WINNEBAGO Agent 2022-01-20

President

Name and Address Role
WILLIAM A. GROELING 31360 BROOKVILLE RD LANARK IL 61046 President

Secretary

Name and Address Role
LINSAY GROELING, AS ABOVE Secretary

Shares

Class Series Voting Rights Authorized Shares Issued Shares Par Value
COMM No data Voting Rights 10000 3400000 No data

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7724377106 2020-04-14 0507 PPP 220 EXCHANGE ST E, FREEPORT, IL, 61032
Loan Status Date 2020-12-24
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 59255
Loan Approval Amount (current) 59255
Undisbursed Amount 0
Franchise Name -
Lender Location ID 53803
Servicing Lender Name U.S. Bank, National Association
Servicing Lender Address 425 Walnut St, CINCINNATI, OH, 45202-3956
Rural or Urban Indicator R
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address FREEPORT, STEPHENSON, IL, 61032-0001
Project Congressional District IL-17
Number of Employees 6
NAICS code 423510
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 53803
Originating Lender Name U.S. Bank, National Association
Originating Lender Address CINCINNATI, OH
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 59607.24
Forgiveness Paid Date 2020-11-17

Date of last update: 13 Mar 2025

Sources: Illinois Office of the Secretary of State