PPP Loan information for City food equipment co.

$225,263

City food equipment co. was initially approved for PPP Loan of amount $225,263, the current approved amount is $225,263. The loan was approved on 04/15/2020 by The GreenState CU reported 25 jobs and $225,263 was used to fund payroll.

City food equipment co. is Existing or more than 2 years old

CITY FOOD EQUIPMENT CO.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CITY FOOD EQUIPMENT CO.

Borrower Address

376 W NORTH AVENUE

Borrower City

LOMBARD

Borrower State

IL

Borrower Zip

60148

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225262.50

Current Approval Amount

225262.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

97100

Servicing Lender Name

GreenState CU

Servicing Lender Address

2355 Landon Rd

Servicing Lender City

NORTH LIBERTY

Servicing Lender State

IA

Servicing Lender Zip

52317-6508

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOMBARD

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-0001

CD

IL-06

Jobs Reported

25

NAICS Code

423440

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

215262.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20194

Originating Lender

Oxford Bank & Trust

Originating Lender City

OAK BROOK

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226488.93

Forgiveness Date

11/03/2020

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