PPP Loan information for Cochrane's of champaign, inc.

$108,100

Cochrane's of champaign, inc. was initially approved for PPP Loan of amount $108,100, the current approved amount is $108,100. The loan was approved on 04/05/2020 by The Busey Bank reported 10 jobs and $108,100 was used to fund payroll.

Cochrane's of champaign, inc. is Existing or more than 2 years old

PPP Loan Search / IL / CHAMPAIGN / Cochrane's of champaign, inc.

COCHRANE'S OF CHAMPAIGN, INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COCHRANE'S OF CHAMPAIGN, INC.

Borrower Address

1612 S. Neil Street, Ste B

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61820-4037

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108100.00

Current Approval Amount

108100.00

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

Existing or more than 2 years old

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61820-4037

CD

IL-13

Jobs Reported

10

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

81075.00

Mortgage Interest Proceed

0.00

Rent Proceed

27025.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108798.95

Forgiveness Date

12/08/2020

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