PPP Loan information for Prospect restaurant and bar, inc.

$352,184

Prospect restaurant and bar, inc. was initially approved for PPP Loan of amount $352,184, the current approved amount is $352,184. The loan was approved on 01/16/2021 by The Belmont Bank & Trust Company reported 35 jobs and $352,184 was used to fund payroll.

Prospect restaurant and bar, inc. is Existing or more than 2 years old

PPP Loan Search / IL / Mount Prospect / Prospect restaurant and bar, inc.

PROSPECT RESTAURANT AND BAR, INC.

Date Approved

01/16/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PROSPECT RESTAURANT AND BAR, INC.

Borrower Address

1702 W Algonquin Rd

Borrower City

Mount Prospect

Borrower State

IL

Borrower Zip

60056-5402

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

352184.00

Current Approval Amount

352184.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

441312

Servicing Lender Name

Belmont Bank & Trust Company

Servicing Lender Address

8250 W Belmont Ave

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mount Prospect

Project County Name

COOK

Project State

IL

Project Zip

60056-5402

CD

IL-03

Jobs Reported

35

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

352182.00

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

441312

Originating Lender

Belmont Bank & Trust Company

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

355647.14

Forgiveness Date

01/18/2022

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