PPP Loan information for Decatur airtool & compressor co inc

$64,000

Decatur airtool & compressor co inc was initially approved for PPP Loan of amount $64,000, the current approved amount is $64,000. The loan was approved on 04/03/2020 by The First Mid Bank & Trust, National Association reported 4 jobs and $64,000 was used to fund payroll.

Decatur airtool & compressor co inc is Existing or more than 2 years old

PPP Loan Search / IL / DECATUR / Decatur airtool & compressor co inc

DECATUR AIRTOOL & COMPRESSOR CO INC

Date Approved

04/03/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DECATUR AIRTOOL & COMPRESSOR CO INC

Borrower Address

2520 Parkway Ct

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526-5227

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64000.00

Current Approval Amount

64000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62526-5227

CD

IL-13

Jobs Reported

4

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

48000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64458.67

Forgiveness Date

12/23/2020

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