PPP Loan information for Palatine inn restaurant

$151,167

Palatine inn restaurant was initially approved for PPP Loan of amount $151,167, the current approved amount is $151,167. The loan was approved on 03/24/2021 by The Customers Bank reported 21 jobs and $151,167 was used to fund payroll.

Palatine inn restaurant is Existing or more than 2 years old

PALATINE INN RESTAURANT

Date Approved

03/24/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PALATINE INN RESTAURANT

Borrower Address

95 W Northwest Hwy N/A

Borrower City

Palatine

Borrower State

IL

Borrower Zip

60067-3570

Loan Status Date

02/11/2023

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

151167.00

Current Approval Amount

151167.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palatine

Project County Name

COOK

Project State

IL

Project Zip

60067-3570

CD

IL-05

Jobs Reported

21

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

151161.00

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

Corporation

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;