PPP Loan information for Lake of decatur, inc.

$117,800

Lake of decatur, inc. was initially approved for PPP Loan of amount $117,800, the current approved amount is $117,800. The loan was approved on 04/07/2020 by The Busey Bank reported 32 jobs and $117,800 was used to fund payroll.

Lake of decatur, inc. is Unanswered

LAKE OF DECATUR, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LAKE OF DECATUR, INC.

Borrower Address

245 W 1st Drive, Suite B

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62521-5205

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117800.00

Current Approval Amount

117800.00

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

Unanswered

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62521-5205

CD

IL-15

Jobs Reported

32

NAICS Code

446110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88350.00

Mortgage Interest Proceed

0.00

Rent Proceed

29450.00

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

118794.04

Forgiveness Date

02/19/2021

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