PPP Loan information for Rector construction inc

$120,000

Rector construction inc was initially approved for PPP Loan of amount $120,094, the current approved amount is $120,000. The loan was approved on 04/13/2020 by The Busey Bank reported 18 jobs and $120,000 was used to fund payroll.

Rector construction inc is Unanswered

RECTOR CONSTRUCTION INC

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RECTOR CONSTRUCTION INC

Borrower Address

503 S COUNTRY FAIR DR STE 2A

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61821-3637

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120094.00

Current Approval Amount

120000.00

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

Y

Business Age Description

Unanswered

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61821-3637

CD

IL-13

Jobs Reported

18

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90000.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110738.36

Forgiveness Date

12/28/2020

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