Date Approved
04/09/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
ERB TURF EQUIPMENT INC
Borrower Address
1501 Boul Avenue
Borrower City
BELLEVILLE
Borrower State
IL
Borrower Zip
62226-4261
Loan Status Date
12/10/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
214500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
20425
Servicing Lender Name
Carrollton Bank
Servicing Lender Address
315 Sixth St
Servicing Lender City
CARROLLTON
Servicing Lender State
Servicing Lender Zip
62016-1247
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SAINT CLAIR
Project State
Project Zip
CD
IL-13
Jobs Reported
23
NAICS Code
444210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
160875.00
Mortgage Interest Proceed
Rent Proceed
53625.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
215828.71
Forgiveness Date
11/27/2020