PPP Loan information for Peoria production shop

$1,426,000

Peoria production shop was initially approved for PPP Loan of amount $1,426,000, the current approved amount is $1,426,000. The loan was approved on 04/29/2020 by The Morton Community Bank reported 175 jobs and $1,426,000 was used to fund payroll.

Peoria production shop is Existing or more than 2 years old

PPP Loan Search / IL / PEORIA / Peoria production shop

PEORIA PRODUCTION SHOP

Date Approved

04/29/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PEORIA PRODUCTION SHOP

Borrower Address

2029 W TOWNLINE RD

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61615-1623

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1426000.00

Current Approval Amount

1426000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEORIA

Project County Name

PEORIA

Project State

IL

Project Zip

61615-1623

CD

IL-16

Jobs Reported

175

NAICS Code

561910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1426000.00

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

Non-Profit Organization

Originating Lender Location Id

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1444736.06

Forgiveness Date

08/23/2021

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