Bannings Auto Service INC

$68,700 PPP Loan in Decatur, Illinois

Loan Details

Loan Number
4882497000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$68,700
Current Approval
$68,700
Forgiveness Amount
$69,120
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bannings Auto Service INC
Address
1985 1/2 E Pershing Rd
ZIP Code
62526-2814
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811118)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$51,525
Rent
$8,587
Utilities
$8,588

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank & Trust, National Association

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