Lang Distributing South

2505 North Shore Drive, Urbana, IL 61802 · Motor Vehicle Supplies and New Parts Merchant Wholesalers (NAICS 423120)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$2.0M

Jobs Supported

12

Years Active

2011

Loan History (1)

Source: SBA FOIA
7(a)$2,000,000
Paid in Full
Approved
Dec 11, 2010 (FY2011)
SBA Guaranteed
$1,800,000 (90%)
Term
120 months (10.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
12
Business Type
Corporation
Industry
Motor Vehicle Supplies and New Parts Merchant Wholesalers (NAICS 423120)
Paid in Full
Dec 31, 2019

Lender

Busey Bank

100 W University Ave, Champaign, IL 61820

Project Location

Champaign County, IL

Business Details

Business Type
Corporation
NAICS Code
423120 Motor Vehicle Supplies and New Parts Merchant Wholesalers
Address
2505 North Shore Drive
Urbana, IL 61802

Lender

Busey Bank
100 W University Ave, Champaign, IL 61820

Other SBA Borrowers in Urbana

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