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Edwards County Motors, Inc.

$61,488 PPP Loan in Albion, Illinois

Loan Details

Loan Number
5176767006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$61,488
Current Approval
$61,488
Forgiveness Amount
$61,840
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Edwards County Motors, Inc.
Address
51 E Main St
City
Albion
State
Illinois
ZIP Code
62806-1201
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$46,116
Utilities
$2,872
Mortgage Interest
$2,500
Debt Interest
$10,000

Lender Information

Servicing Lender
Citizens National Bank of Albion
Originating Lender
Citizens National Bank of Albion

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