PPP Loan information for Macon resources, inc.

$1,885,275

Macon resources, inc. was initially approved for PPP Loan of amount $1,885,275, the current approved amount is $1,885,275. The loan was approved on 04/06/2020 by The Hickory Point Bank and Trust reported 260 jobs and $1,885,275 was used to fund payroll.

Macon resources, inc. is Existing or more than 2 years old

MACON RESOURCES, INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MACON RESOURCES, INC.

Borrower Address

2121 Hubbard Ave

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526-2876

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1885275.00

Current Approval Amount

1885275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21387

Servicing Lender Name

Hickory Point Bank and Trust

Servicing Lender Address

225 N Water St

Servicing Lender City

DECATUR

Servicing Lender State

IL

Servicing Lender Zip

62523-2322

Rural Urban Indicator

U

Hubzone Indicator

N

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

62526-2876

CD

IL-15

Jobs Reported

260

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1885275.00

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

21387

Originating Lender

Hickory Point Bank and Trust

Originating Lender City

DECATUR

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1903604.06

Forgiveness Date

03/31/2021

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