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Baumgarten Distributing Co., INC

$366,000 PPP Loan in Peoria, Illinois

Loan Details

Loan Number
9276567000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$366,000
Current Approval
$363,500
Forgiveness Amount
$366,767
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Baumgarten Distributing Co., INC
Address
1618 W Detweiller Dr
City
Peoria
State
Illinois
ZIP Code
61615-1610
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424810)
Business Age
Unanswered
Jobs Reported
39
Estimated Revenue
$10.0M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$272,625
Rent
$90,875

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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