PPP Loan information for Colonial ice cream inc.

$871,300

Colonial ice cream inc. was initially approved for PPP Loan of amount $871,300, the current approved amount is $871,300. The loan was approved on 04/15/2020 by The Merchants and Manufacturers Bank reported 106 jobs and $871,300 was used to fund payroll.

Colonial ice cream inc. is Existing or more than 2 years old

PPP Loan Search / IL / SAINT CHARLES / Colonial ice cream inc.

COLONIAL ICE CREAM INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COLONIAL ICE CREAM INC.

Borrower Address

333 RANDALL RD

Borrower City

SAINT CHARLES

Borrower State

IL

Borrower Zip

60174-1573

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

871300.00

Current Approval Amount

871300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21574

Servicing Lender Name

Merchants and Manufacturers Bank

Servicing Lender Address

801 S Briggs St

Servicing Lender City

JOLIET

Servicing Lender State

IL

Servicing Lender Zip

60433-9522

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CHARLES

Project County Name

KANE

Project State

IL

Project Zip

60174-1573

CD

IL-08

Jobs Reported

106

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

44700.00

Payroll Proceed

668000.00

Mortgage Interest Proceed

8600.00

Rent Proceed

121800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

28200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21574

Originating Lender

Merchants and Manufacturers Bank

Originating Lender City

JOLIET

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

878464.02

Forgiveness Date

02/11/2021

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