PPP Loan information for Sprout's inn

$197,500

Sprout's inn was initially approved for PPP Loan of amount $197,500, the current approved amount is $197,500. The loan was approved on 04/04/2020 by The Town and Country Bank Midwest reported 60 jobs and $197,500 was used to fund payroll.

Sprout's inn is Existing or more than 2 years old

SPROUT'S INN

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SPROUT'S INN

Borrower Address

2814 N 12th St

Borrower City

QUINCY

Borrower State

IL

Borrower Zip

62305-1326

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197500.00

Current Approval Amount

197500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22400

Servicing Lender Name

Town and Country Bank Midwest

Servicing Lender Address

524 N 30th St

Servicing Lender City

QUINCY

Servicing Lender State

IL

Servicing Lender Zip

62301-3604

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

QUINCY

Project County Name

ADAMS

Project State

IL

Project Zip

62305-1326

CD

IL-15

Jobs Reported

60

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

197500.00

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

22400

Originating Lender

Town and Country Bank Midwest

Originating Lender City

QUINCY

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

199015.07

Forgiveness Date

01/20/2021

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