B&b Motors, INC

$53,500 PPP Loan in Havana, Illinois

Loan Details

Loan Number
8631367109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$53,500
Current Approval
$53,500
Forgiveness Amount
$54,065
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
B&b Motors, INC
Address
318 S Schrader Ave
City
Havana
ZIP Code
62644-1354
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$53,500

Lender Information

Servicing Lender
Morton Community Bank
Originating Lender
Morton Community Bank

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