# PPP loan: BOB RIDINGS LINCOLN INC
> **$419K** approved 04/06/2020 · Paid in Full · Loan `6243987008`
## Borrower
- **Name:** BOB RIDINGS LINCOLN INC
- **Address:** 3103 N 22nd St, DECATUR, IL, 62526-2105
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $419K
- **Initial approval:** $419K
- **Forgiven:** $422K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $314K
- **Rent:** $105K
- **Jobs reported:** 32
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*