PPP Loan information for Champaign motors, inc.

$515,600

Champaign motors, inc. was initially approved for PPP Loan of amount $515,600, the current approved amount is $515,600. The loan was approved on 04/07/2020 by The Hickory Point Bank and Trust reported 40 jobs and $515,600 was used to fund payroll.

Champaign motors, inc. is Existing or more than 2 years old

PPP Loan Search / IL / CHAMPAIGN / Champaign motors, inc.

CHAMPAIGN MOTORS, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CHAMPAIGN MOTORS, INC.

Borrower Address

1906 Moreland Blvd.

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61822-1241

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

515600.00

Current Approval Amount

515600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21387

Servicing Lender Name

Hickory Point Bank and Trust

Servicing Lender Address

225 N Water St

Servicing Lender City

DECATUR

Servicing Lender State

IL

Servicing Lender Zip

62523-2322

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61822-1241

CD

IL-13

Jobs Reported

40

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

515600.00

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

21387

Originating Lender

Hickory Point Bank and Trust

Originating Lender City

DECATUR

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

519595.90

Forgiveness Date

01/20/2021

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