PPP Loan information for 42 lines inc

$1,266,800

42 lines inc was initially approved for PPP Loan of amount $1,266,800, the current approved amount is $1,266,800. The loan was approved on 04/06/2020 by The Busey Bank reported 50 jobs and $1,266,800 was used to fund payroll.

42 lines inc is Unanswered

PPP Loan Search / IL / CHAMPAIGN / 42 lines inc

42 LINES INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

42 LINES INC

Borrower Address

2005 N Dunlap Ave

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61820-7723

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1266800.00

Current Approval Amount

1266800.00

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

N

Business Age Description

Unanswered

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61820-7723

CD

IL-13

Jobs Reported

50

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

950100.00

Mortgage Interest Proceed

0.00

Rent Proceed

316700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

1279433.29

Forgiveness Date

04/15/2021

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