PPP Loan information for Mccormick motors llc

$29,100

Mccormick motors llc was initially approved for PPP Loan of amount $29,100, the current approved amount is $29,100. The loan was approved on 04/07/2020 by The Land of Lincoln CU reported 2 jobs and $29,100 was used to fund payroll.

Mccormick motors llc is Existing or more than 2 years old

PPP Loan Search / IL / DECATUR / Mccormick motors llc

MCCORMICK MOTORS LLC

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MCCORMICK MOTORS LLC

Borrower Address

1136 W PERSHING RD

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526-1542

Loan Status Date

04/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29100.00

Current Approval Amount

29100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95581

Servicing Lender Name

Land of Lincoln CU

Servicing Lender Address

4850 E Prosperity Place

Servicing Lender City

DECATUR

Servicing Lender State

IL

Servicing Lender Zip

62521-5102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62526-1542

CD

IL-15

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25200.00

Mortgage Interest Proceed

0.00

Rent Proceed

3900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

95581

Originating Lender

Land of Lincoln CU

Originating Lender City

DECATUR

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

29245.10

Forgiveness Date

10/14/2020

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