A SCHELLING INS AGCY INC (IL) - 2020 PPP Loan Borrower Profile (# 8626857000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A SCHELLING INS AGCY INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Illinois.

Loan Detail

Loan Number

8626857000

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$46,000

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$46,462.56

Date Loan was Forgiven

Apr 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

46,000

Lender

Heartland Bank and Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

524210

Borrower Location

DECATUR, IL

Project Location

DECATUR, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.