Bill Abbott, Inc.
$277,000 PPP Loan in Monticello, Illinois
Loan Details
- Loan Number
- 7769107001
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $277,000
- Current Approval
- $277,000
- Forgiveness Amount
- $278,791
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bill Abbott, Inc.
- Address
- 500 W Center St
- City
- Monticello
- State
- Illinois
- ZIP Code
- 61856-1078
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $6.6M
- Rural/Urban
- Rural
- Congressional District
- IL-13
Loan Use Breakdown
- Payroll
- $270,000
- Utilities
- $1,000
- Health Care
- $6,000
Lender Information
- Servicing Lender
- First State Bank and Trust
- Originating Lender
- First State Bank and Trust
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