Sipes Auto Repair

$21,000 PPP Loan in Belvidere, Illinois

Loan Details

Loan Number
6773787309
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$21,000
Current Approval
$21,000
Forgiveness Amount
$21,191
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sipes Auto Repair
Address
1250 E. 2nd Street
ZIP Code
61008-4524
Business Type
Sole Proprietorship
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$19,300
Utilities
$1,400
Mortgage Interest
$300

Lender Information

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

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