PPP Loan information for Milano bakery, inc.

$402,950

Milano bakery, inc. was initially approved for PPP Loan of amount $402,950, the current approved amount is $402,950. The loan was approved on 04/27/2020 by The Wintrust Bank, National Association reported 53 jobs and $402,950 was used to fund payroll.

Milano bakery, inc. is Existing or more than 2 years old

PPP Loan Search / IL / JOLIET / Milano bakery, inc.

MILANO BAKERY, INC.

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MILANO BAKERY, INC.

Borrower Address

427 S. Chicago St.

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60436

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

402950.00

Current Approval Amount

402950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60436-1000

CD

IL-14

Jobs Reported

53

NAICS Code

311811

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

50368.75

Payroll Proceed

302212.50

Mortgage Interest Proceed

0.00

Rent Proceed

50368.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

405524.40

Forgiveness Date

12/17/2020

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