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U.S. v. GOLDEN ELEVATOR, INC.

No. 93-3193.

868 F.Supp. 1063 (1994)

UNITED STATES of America, Plaintiff, v. GOLDEN ELEVATOR, INC., Defendant.

United States District Court, C.D. Illinois, Springfield Division.

November 30, 1994.

Attorney(s) appearing for the Case

James A. Lewis, Asst. U.S. Atty., Springfield, IL, for plaintiff.

Jerold W. Barringer, Nokomis, IL, for defendant.

OPINION

RICHARD MILLS, District Judge:

The Government sues to collect a debt.

This is a cause of action to collect on a promissory note held by the Small Business Administration (SBA). On August 14, 1980, Golden Elevator, Inc., through its President, Robert H. Leenerts, executed a promissory note and security agreement with Farmers State Bank. On that same day, Robert H. Leenerts and Debra J. Leenerts agreed to personally guarantee the loan...

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