PPP Loan information for Champaign motors inc.

$515,672

Champaign motors inc. was initially approved for PPP Loan of amount $515,672, the current approved amount is $515,672. The loan was approved on 01/29/2021 by The Hickory Point Bank and Trust reported 34 jobs and $515,672 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

01/29/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CHAMPAIGN MOTORS INC.

Borrower Address

1906 Moreland Blvd

Borrower City

Champaign

Borrower State

IL

Borrower Zip

61822-1241

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

515672.00

Current Approval Amount

515672.00

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

34

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

515670.00

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

519611.16

Forgiveness Date

11/08/2021

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