PPP borrower record

DECATUR INDUSTRIAL ELECTRIC, INC. PPP loan record

Public SBA PPP loan record for DECATUR INDUSTRIAL ELECTRIC, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$999,000
Approved amount
$1,006,715
Forgiven amount
2020-04-03
Date approved

Borrower and loan details

Borrower
DECATUR INDUSTRIAL ELECTRIC, INC.
Loan number
4570057009
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Decatur
Borrower state
Illinois
Borrower ZIP
62526
Jobs reported
72
Loan status
Paid in Full
Forgiveness date
2021-01-12
Servicing lender
First Mid Bank & Trust, National Association
Originating lender
First Mid Bank & Trust, National Association

Reported use of proceeds

Payroll
$899,100
Rent
N/A
Utilities
$49,950
Mortgage interest
$49,950
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.