PPP Loan information for Paul's family restaurant, inc.

$254,375

Paul's family restaurant, inc. was initially approved for PPP Loan of amount $254,375, the current approved amount is $254,375. The loan was approved on 04/28/2020 by The Village Bank and Trust, National Association reported 70 jobs and $254,375 was used to fund payroll.

Paul's family restaurant, inc. is Existing or more than 2 years old

PAUL'S FAMILY RESTAURANT, INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PAUL'S FAMILY RESTAURANT, INC.

Borrower Address

1300 LAWRENCE AVE

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123-3363

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254375.00

Current Approval Amount

254375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-3363

CD

IL-08

Jobs Reported

70

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25437.00

Payroll Proceed

190781.00

Mortgage Interest Proceed

0.00

Rent Proceed

38157.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

258515.66

Forgiveness Date

12/08/2021

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