PPP Loan information for First choice ingredients, inc

$1,796,137

First choice ingredients, inc was initially approved for PPP Loan of amount $1,796,137, the current approved amount is $1,796,137. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 108 jobs and $1,796,137 was used to fund payroll.

First choice ingredients, inc is Existing or more than 2 years old

FIRST CHOICE INGREDIENTS, INC

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

FIRST CHOICE INGREDIENTS, INC

Borrower Address

N112 W19528 Mequon Road 0.0

Borrower City

Germantown

Borrower State

WI

Borrower Zip

53022-2950

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1796137.00

Current Approval Amount

1796137.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Germantown

Project County Name

WASHINGTON

Project State

WI

Project Zip

53022-2950

CD

WI-05

Jobs Reported

108

NAICS Code

311999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

1624037.00

Mortgage Interest Proceed

0.00

Rent Proceed

59100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

83000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1814179.20

Forgiveness Date

04/15/2021

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