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King-Lar Company

$1,787,800 PPP Loan in Decatur, Illinois

Loan Details

Loan Number
5416167003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,787,800
Current Approval
$1,787,800
Forgiveness Amount
$1,809,058
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
King-Lar Company
Address
2020 E Olive Street
City
Decatur
State
Illinois
ZIP Code
62526
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Unanswered
Jobs Reported
76
Estimated Revenue
$24.0M
Rural/Urban
Rural
Congressional District
IL-13

Loan Use Breakdown

Payroll
$1,340,850
Rent
$446,950

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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