Decatur Industrial Electric, Inc.
$999,000 PPP Loan in Decatur, Illinois
Loan Details
- Loan Number
- 4570057009
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $999,000
- Current Approval
- $999,000
- Forgiveness Amount
- $1,006,715
- Forgiveness Date
- Jan 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Decatur Industrial Electric, Inc.
- Address
- 1650 E Garfield
- City
- Decatur
- State
- Illinois
- ZIP Code
- 62526-1111
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423610)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 72
- Estimated Revenue
- $22.1M
- Rural/Urban
- Urban
- Congressional District
- IL-15
Loan Use Breakdown
- Payroll
- $899,100
- Utilities
- $49,950
- Mortgage Interest
- $49,950
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank & Trust, National Association
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