PPP Loan information for Speed lube 10-minute oil change shops, inc.

$797,000

Speed lube 10-minute oil change shops, inc. was initially approved for PPP Loan of amount $797,000, the current approved amount is $797,000. The loan was approved on 04/08/2020 by The Prairie State Bank and Trust reported 90 jobs and $797,000 was used to fund payroll.

Speed lube 10-minute oil change shops, inc. is Existing or more than 2 years old

PPP Loan Search / IL / DECATUR / Speed lube 10-minute oil change shops, inc.

SPEED LUBE 10-MINUTE OIL CHANGE SHOPS, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SPEED LUBE 10-MINUTE OIL CHANGE SHOPS, INC.

Borrower Address

924 E Eldorado St

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62521-1914

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

797000.00

Current Approval Amount

797000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22131

Servicing Lender Name

Prairie State Bank and Trust

Servicing Lender Address

3751 W Wabash Ave

Servicing Lender City

SPRINGFIELD

Servicing Lender State

IL

Servicing Lender Zip

62711-6261

Rural Urban Indicator

U

Hubzone Indicator

Y

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

62521-1914

CD

IL-13

Jobs Reported

90

NAICS Code

811191

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

797000.00

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

22131

Originating Lender

Prairie State Bank and Trust

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

801826.28

Forgiveness Date

11/23/2020

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