PPP Loan information for Lincoln rent-all & sales inc

$237,500

Lincoln rent-all & sales inc was initially approved for PPP Loan of amount $237,500, the current approved amount is $237,500. The loan was approved on 04/04/2020 by The Northwest Bank of Rockford reported 23 jobs and $237,500 was used to fund payroll.

Lincoln rent-all & sales inc is Existing or more than 2 years old

LINCOLN RENT-ALL & SALES INC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LINCOLN RENT-ALL & SALES INC

Borrower Address

3110 AUBURN STREET

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61101-3442

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237500.00

Current Approval Amount

237500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61101-3442

CD

IL-17

Jobs Reported

23

NAICS Code

532310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29688.00

Payroll Proceed

178125.00

Mortgage Interest Proceed

29687.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

239327.43

Forgiveness Date

01/13/2021

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