PPP Loan information for Merchant foods inc

$59,281

Merchant foods inc was initially approved for PPP Loan of amount $59,281, the current approved amount is $59,281. The loan was approved on 04/21/2021 by The Lakeside Bank reported 6 jobs and $59,281 was used to fund payroll.

Merchant foods inc is Existing or more than 2 years old

MERCHANT FOODS INC

Date Approved

04/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MERCHANT FOODS INC

Borrower Address

7604 Kildare Ave

Borrower City

Skokie

Borrower State

IL

Borrower Zip

60076-3711

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59280.97

Current Approval Amount

59280.97

Undisbursed Amount

0.00

Franchise Name

Dunkin' Donuts

Servicing Lender Location Id

20835

Servicing Lender Name

Lakeside Bank

Servicing Lender Address

55 W Wacker Dr

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-1609

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Skokie

Project County Name

COOK

Project State

IL

Project Zip

60076-3711

CD

IL-09

Jobs Reported

6

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

59274.97

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

Subchapter S Corporation

Originating Lender Location Id

20835

Originating Lender

Lakeside Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

59801.33

Forgiveness Date

03/14/2022

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