PPP Loan information for Municipal electronics division - mad4290

$23,087

Municipal electronics division - mad4290 was initially approved for PPP Loan of amount $23,087, the current approved amount is $23,087. The loan was approved on 01/29/2021 by The Busey Bank reported 4 jobs and $23,087 was used to fund payroll.

Municipal electronics division - mad4290 is Existing or more than 2 years old

PPP Loan Search / IL / Decatur / Municipal electronics division - mad4290

MUNICIPAL ELECTRONICS DIVISION - MAD4290

Date Approved

01/29/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MUNICIPAL ELECTRONICS DIVISION - MAD4290

Borrower Address

2267 E Hubbard Ave

Borrower City

Decatur

Borrower State

IL

Borrower Zip

62526-2149

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23087.00

Current Approval Amount

23087.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

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

62526-2149

CD

IL-13

Jobs Reported

4

NAICS Code

333318

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

23085.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23237.54

Forgiveness Date

09/29/2021

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