PPP Loan information for Cereal byproducts company inc.

$816,500

Cereal byproducts company inc. was initially approved for PPP Loan of amount $816,500, the current approved amount is $816,500. The loan was approved on 04/08/2020 by The Village Bank and Trust, National Association reported 46 jobs and $816,500 was used to fund payroll.

Cereal byproducts company inc. is Existing or more than 2 years old

PPP Loan Search / IL / MOUNT PROSPECT / Cereal byproducts company inc.

CEREAL BYPRODUCTS COMPANY INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CEREAL BYPRODUCTS COMPANY INC.

Borrower Address

KENSINGTON RD

Borrower City

MOUNT PROSPECT

Borrower State

IL

Borrower Zip

60056-1363

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

816500.00

Current Approval Amount

816500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PROSPECT

Project County Name

COOK

Project State

IL

Project Zip

60056-1363

CD

IL-05

Jobs Reported

46

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

51032.00

Payroll Proceed

612375.00

Mortgage Interest Proceed

0.00

Rent Proceed

51032.00

Refinance EIDL Proceed

0.00

Health Care Proceed

51031.00

Debt Interest Proceed

51030

Business Type

Subchapter S Corporation

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

824347.47

Forgiveness Date

03/30/2021

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