Adi Ventures Llc

218 Vermont St, Quincy, IL 62301 · Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

5

Total Amount

$1.6M

Jobs Supported

88

Years Active

2020–2021

Loan History (5)

Source: SBA FOIA
7(a)$16,100
Paid in Full
Approved
Mar 4, 2021 (FY2021)
SBA Guaranteed
$12,075 (75%)
Term
36 months (3.0 yrs)
Interest Rate
4.25%
Revolver
0
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)
Paid in Full
Mar 31, 2024

Lender

First Mid Bank & Trust, National Association

1515 Charleston Ave, Mattoon, IL 61938

Project Location

Adams County, IL

7(a)$500,000
Cancelled
Approved
Jun 9, 2021 (FY2021)
SBA Guaranteed
$250,000 (50%)
Term
84 months (7.0 yrs)
Interest Rate
4.25%
Revolver
1
Jobs Supported
22
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)

Lender

First Mid Bank & Trust, National Association

1515 Charleston Ave, Mattoon, IL 61938

Project Location

Adams County, IL

7(a)$300,000
Paid in Full
Approved
Jun 17, 2020 (FY2020)
SBA Guaranteed
$150,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
4.25%
Revolver
1
Jobs Supported
22
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)
Paid in Full
Sep 30, 2022

Lender

First Mid Bank & Trust, National Association

1515 Charleston Ave, Mattoon, IL 61938

Project Location

Adams County, IL

7(a)$436,700
Exempt
Approved
Jul 10, 2020 (FY2020)
SBA Guaranteed
$327,525 (75%)
Term
123 months (10.3 yrs)
Interest Rate
5.55%
Revolver
0
Jobs Supported
22
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)

Lender

First Mid Bank & Trust, National Association

1515 Charleston Ave, Mattoon, IL 61938

Project Location

Adams County, IL

7(a)$300,000
Cancelled
Approved
Mar 11, 2020 (FY2020)
SBA Guaranteed
$150,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
5.25%
Revolver
1
Jobs Supported
22
Business Type
Corporation
Business Age
Unanswered
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)

Lender

First Mid Bank & Trust, National Association

1515 Charleston Ave, Mattoon, IL 61938

Project Location

Adams County, IL

Business Details

Business Type
Corporation
Business Age
New Business or 2 Years or Less
NAICS Code
423990 Other Miscellaneous Durable Goods Merchant Wholesalers
Address
218 Vermont St
Quincy, IL 62301

Lender

First Mid Bank & Trust, National Association
1515 Charleston Ave, Mattoon, IL 61938

Other SBA Borrowers in Quincy

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