PPP Loan information for D'escoto, inc

$1,984,622

D'escoto, inc was initially approved for PPP Loan of amount $3,390,700, the current approved amount is $1,984,622. The loan was approved on 04/05/2020 by The Busey Bank reported 159 jobs and $1,984,622 was used to fund payroll.

D'escoto, inc is Unanswered

PPP Loan Search / IL / CHICAGO / D'escoto, inc

D'ESCOTO, INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

D'ESCOTO, INC

Borrower Address

1200 N Ashland Avenue 6th Floor

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60622-2259

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3390700.00

Current Approval Amount

1984622.00

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

Unanswered

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60622-2259

CD

IL-05

Jobs Reported

159

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1488472.00

Mortgage Interest Proceed

0.00

Rent Proceed

496150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

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

2003707.00

Forgiveness Date

03/31/2021

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