PPP Loan information for New beginnings contractor

$117,200

New beginnings contractor was initially approved for PPP Loan of amount $117,200, the current approved amount is $117,200. The loan was approved on 04/13/2020 by The Land of Lincoln CU reported 13 jobs and $117,200 was used to fund payroll.

New beginnings contractor is Existing or more than 2 years old

PPP Loan Search / IL / DECATUR / New beginnings contractor

NEW BEGINNINGS CONTRACTOR

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NEW BEGINNINGS CONTRACTOR

Borrower Address

1330 E. Wellington Way

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526-2602

Loan Status Date

04/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117200.00

Current Approval Amount

117200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95581

Servicing Lender Name

Land of Lincoln CU

Servicing Lender Address

4850 E Prosperity Place

Servicing Lender City

DECATUR

Servicing Lender State

IL

Servicing Lender Zip

62521-5102

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

62526-2602

CD

IL-13

Jobs Reported

13

NAICS Code

238990

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

117200.00

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

Subchapter S Corporation

Originating Lender Location Id

95581

Originating Lender

Land of Lincoln CU

Originating Lender City

DECATUR

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118050.90

Forgiveness Date

01/07/2021

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