Woodrum Automotive INC

$303,678 PPP Loan in Macomb, Illinois

Loan Details

Loan Number
1850858500
Date Approved
Feb 19, 2021
Loan Status
Paid in Full
Initial Approval
$303,678
Current Approval
$303,678
Forgiveness Amount
$305,314
Forgiveness Date
Sep 8, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Woodrum Automotive INC
Address
3100 E Jackson St
City
Macomb
ZIP Code
61455-7500
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.3M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$303,675
Utilities
$1

Lender Information

Servicing Lender
Midamerica National Bank
Originating Lender
Midamerica National Bank

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