Central Illinois Cycle Co.

$94,700 PPP Loan in Urbana, Illinois

Loan Details

Loan Number
8142077006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$94,700
Current Approval
$128,000
Forgiveness Amount
$128,789
Forgiveness Date
Nov 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Central Illinois Cycle Co.
Address
1602 N. Lincoln
City
Urbana
ZIP Code
61801
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Unanswered
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$96,000
Rent
$32,000

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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