PPP Loan information for Decatur industrial electric inc.

$931,691

Decatur industrial electric inc. was initially approved for PPP Loan of amount $931,691, the current approved amount is $931,691. The loan was approved on 01/22/2021 by The First Mid Bank & Trust, National Association reported 70 jobs and $931,691 was used to fund payroll.

Decatur industrial electric inc. is Existing or more than 2 years old

PPP Loan Search / IL / Decatur / Decatur industrial electric inc.

DECATUR INDUSTRIAL ELECTRIC INC.

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

DECATUR INDUSTRIAL ELECTRIC INC.

Borrower Address

1650 E Garfield Ave

Borrower City

Decatur

Borrower State

IL

Borrower Zip

62526-5108

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

931691.25

Current Approval Amount

931691.25

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

62526-5108

CD

IL-15

Jobs Reported

70

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

931689.25

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

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

Unanswered

Non Profit

Forgiveness Amount

936686.15

Forgiveness Date

08/11/2021

;