PPP Loan information for Biaggis ristorante italiano - bab9841

$2,000,000

Biaggis ristorante italiano - bab9841 was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/10/2021 by The Busey Bank reported 125 jobs and $2,000,000 was used to fund payroll.

Biaggis ristorante italiano - bab9841 is Existing or more than 2 years old

BIAGGIS RISTORANTE ITALIANO - BAB9841

Date Approved

03/10/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BIAGGIS RISTORANTE ITALIANO - BAB9841

Borrower Address

1705 Clearwater Ave

Borrower City

Bloomington

Borrower State

IL

Borrower Zip

61704-2200

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

MCLEAN

Project State

IL

Project Zip

61704-2200

CD

IL-17

Jobs Reported

125

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2010520.55

Forgiveness Date

09/21/2021

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