PPP Loan information for Testa produce, inc.

$2,889,470

Testa produce, inc. was initially approved for PPP Loan of amount $2,889,470, the current approved amount is $2,889,470. The loan was approved on 04/13/2020 by The Fifth Third Bank reported 106 jobs and $2,889,470 was used to fund payroll.

Testa produce, inc. is Existing or more than 2 years old

TESTA PRODUCE, INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TESTA PRODUCE, INC.

Borrower Address

4555 SOUTH RACINE

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60609

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2889470.00

Current Approval Amount

2889470.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60609-0001

CD

IL-07

Jobs Reported

106

NAICS Code

424480

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2889470.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2928317.32

Forgiveness Date

08/23/2021

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