PPP Loan information for Cool runnings restaurant and bar

$20,000

Cool runnings restaurant and bar was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 02/06/2021 by The First Secure Bank and Trust Co. reported 13 jobs and $20,000 was used to fund payroll.

Cool runnings restaurant and bar is Existing or more than 2 years old

COOL RUNNINGS RESTAURANT AND BAR

Date Approved

02/06/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

COOL RUNNINGS RESTAURANT AND BAR

Borrower Address

501 Center St

Borrower City

Michigan City

Borrower State

IN

Borrower Zip

46360-2307

Loan Status Date

03/23/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22269

Servicing Lender Name

First Secure Bank and Trust Co.

Servicing Lender Address

10360 S Roberts Rd

Servicing Lender City

PALOS HILLS

Servicing Lender State

IL

Servicing Lender Zip

60465-1930

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Michigan City

Project County Name

LA PORTE

Project State

IN

Project Zip

46360-2307

CD

IN-01

Jobs Reported

13

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

19998.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

22269

Originating Lender

First Secure Bank and Trust Co.

Originating Lender City

PALOS HILLS

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20300.27

Forgiveness Date

08/11/2022

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