PPP Loan information for Baumgarten distributing co., inc

$363,500

Baumgarten distributing co., inc was initially approved for PPP Loan of amount $366,000, the current approved amount is $363,500. The loan was approved on 04/09/2020 by The Busey Bank reported 39 jobs and $363,500 was used to fund payroll.

Baumgarten distributing co., inc is Unanswered

PPP Loan Search / IL / PEORIA / Baumgarten distributing co., inc

BAUMGARTEN DISTRIBUTING CO., INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BAUMGARTEN DISTRIBUTING CO., INC

Borrower Address

1618 W Detweiller Dr

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61615-1610

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

366000.00

Current Approval Amount

363500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

PEORIA

Project County Name

PEORIA

Project State

IL

Project Zip

61615-1610

CD

IL-16

Jobs Reported

39

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

272625.00

Mortgage Interest Proceed

0.00

Rent Proceed

90875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

366766.52

Forgiveness Date

03/11/2021

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