Newman Carriers Inc.

$1,081,100 PPP Loan in Fairmont City, Illinois

Loan Details

Loan Number
5484977001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,081,100
Current Approval
$1,017,400
Forgiveness Amount
$1,026,264
Forgiveness Date
Mar 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newman Carriers Inc.
Address
921 N. 1st Street
ZIP Code
62201-1420
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Unanswered
Jobs Reported
69
Estimated Revenue
$10.4M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$763,050
Rent
$254,350

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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