PPP Loan information for Merchant investments inc of illinois

$83,800

Merchant investments inc of illinois was initially approved for PPP Loan of amount $83,800, the current approved amount is $83,800. The loan was approved on 01/20/2021 by The Northwest Bank reported 15 jobs and $83,800 was used to fund payroll.

Merchant investments inc of illinois is Existing or more than 2 years old

PPP Loan Search / IL / Lombard / Merchant investments inc of illinois

MERCHANT INVESTMENTS INC OF ILLINOIS

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MERCHANT INVESTMENTS INC OF ILLINOIS

Borrower Address

1235 S Main St

Borrower City

Lombard

Borrower State

IL

Borrower Zip

60148-4535

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83800.00

Current Approval Amount

83800.00

Undisbursed Amount

0.00

Franchise Name

Jimmy John's

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lombard

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-4535

CD

IL-06

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

83796.00

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

Subchapter S Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79446.10

Forgiveness Date

12/14/2021

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