Date Approved
01/29/2021
SBA Office Code
0507
Processing Method
PPS
Borrower Name
BOB RIDINGS LINCOLN IN
Borrower Address
3103 N 22nd St
Borrower City
Decatur
Borrower State
IL
Borrower Zip
62526-2105
Loan Status Date
08/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
419000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Lincoln Motor Company Dealer Sales and Service Agreement
Servicing Lender Location Id
22272
Servicing Lender Name
Peoples Bank & Trust
Servicing Lender Address
200 S Locust St
Servicing Lender City
PANA
Servicing Lender State
Servicing Lender Zip
62557-1606
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MACON
Project State
Project Zip
CD
IL-13
Jobs Reported
32
NAICS Code
441110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
420859.67
Forgiveness Date
07/14/2021