PPP Loan information for Decatur airtool & compressor inc

$64,017

Decatur airtool & compressor inc was initially approved for PPP Loan of amount $64,017, the current approved amount is $64,017. The loan was approved on 02/03/2021 by The First Mid Bank & Trust, National Association reported 4 jobs and $64,017 was used to fund payroll.

Decatur airtool & compressor inc is Existing or more than 2 years old

DECATUR AIRTOOL & COMPRESSOR INC

Date Approved

02/03/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

DECATUR AIRTOOL & COMPRESSOR INC

Borrower Address

2520 Parkway Ct

Borrower City

Decatur

Borrower State

IL

Borrower Zip

62526-5227

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64017.00

Current Approval Amount

64017.00

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

62526-5227

CD

IL-13

Jobs Reported

4

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

64016.00

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

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

64360.20

Forgiveness Date

08/18/2021

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