Niehaus Cycle Sales, INC

$268,825 PPP Loan in Litchfield, Illinois

Loan Details

Loan Number
1784777102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$268,825
Current Approval
$268,825
Forgiveness Amount
$270,613
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Niehaus Cycle Sales, INC
Address
718 N Old Route 66
ZIP Code
62056
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
Franchise
Honda Powersports Sales and Service Agreements
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$201,619
Utilities
$22,402
Health Care
$22,402
Mortgage Interest
$22,402

Lender Information

Servicing Lender
Bank & Trust Company
Originating Lender
Bank & Trust Company

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