PPP Loan information for World of powersports, inc

$471,500

World of powersports, inc was initially approved for PPP Loan of amount $471,500, the current approved amount is $471,500. The loan was approved on 04/03/2020 by The First Mid Bank & Trust, National Association reported 52 jobs and $471,500 was used to fund payroll.

World of powersports, inc is Existing or more than 2 years old

PPP Loan Search / IL / DECATUR / World of powersports, inc

WORLD OF POWERSPORTS, INC

Date Approved

04/03/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WORLD OF POWERSPORTS, INC

Borrower Address

2635 N 22nd St

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526-4745

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

471500.00

Current Approval Amount

471500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

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

62526-4745

CD

IL-13

Jobs Reported

52

NAICS Code

441228

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

58938.00

Payroll Proceed

353625.00

Mortgage Interest Proceed

0.00

Rent Proceed

58937.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

464192.08

Forgiveness Date

11/09/2020

;