PPP Loan information for Ideal auto sales, inc of decatur

$432,700

Ideal auto sales, inc of decatur was initially approved for PPP Loan of amount $432,700, the current approved amount is $432,700. The loan was approved on 04/15/2020 by The Busey Bank reported 35 jobs and $432,700 was used to fund payroll.

Ideal auto sales, inc of decatur is Unanswered

PPP Loan Search / IL / DECATUR / Ideal auto sales, inc of decatur

IDEAL AUTO SALES, INC OF DECATUR

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

IDEAL AUTO SALES, INC OF DECATUR

Borrower Address

3010 Grand Prix Dr

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

432700.00

Current Approval Amount

432700.00

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

Y

Business Age Description

Unanswered

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62526-0800

CD

IL-13

Jobs Reported

35

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

324525.00

Mortgage Interest Proceed

0.00

Rent Proceed

108175.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

435675.55

Forgiveness Date

12/30/2020

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