PPP Loan information for Bob ridings lincoln inc

$419,000

Bob ridings lincoln inc was initially approved for PPP Loan of amount $419,000, the current approved amount is $419,000. The loan was approved on 04/06/2020 by The Busey Bank reported 32 jobs and $419,000 was used to fund payroll.

Bob ridings lincoln inc is Unanswered

PPP Loan Search / IL / DECATUR / Bob ridings lincoln inc

BOB RIDINGS LINCOLN INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BOB RIDINGS LINCOLN INC

Borrower Address

3103 N 22nd St

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526-2105

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

419000.00

Current Approval Amount

419000.00

Undisbursed Amount

0.00

Franchise Name

Lincoln Motor Company Dealer Sales and Service Agreement

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

Y

Business Age Description

Unanswered

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62526-2105

CD

IL-13

Jobs Reported

32

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

314250.00

Mortgage Interest Proceed

0.00

Rent Proceed

104750.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

421846.90

Forgiveness Date

12/22/2020

;