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Mcclane Motor Sales, Inc.

$182,000 PPP Loan in Newton, Illinois

Loan Details

Loan Number
7778337002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$182,000
Current Approval
$182,000
Forgiveness Amount
$182,992
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcclane Motor Sales, Inc.
Address
702 E. Jourdan St.
City
Newton
State
Illinois
ZIP Code
62448-1549
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$182,000

Lender Information

Servicing Lender
The Peoples State Bank of Newton, Illinois
Originating Lender
The Peoples State Bank of Newton, Illinois

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