PPP Loan information for Downtown champaign restaurant associates, inc.

$265,600

Downtown champaign restaurant associates, inc. was initially approved for PPP Loan of amount $265,600, the current approved amount is $265,600. The loan was approved on 04/11/2020 by The Morton Community Bank reported 54 jobs and $265,600 was used to fund payroll.

Downtown champaign restaurant associates, inc. is Existing or more than 2 years old

PPP Loan Search / IL / CHAMPAIGN / Downtown champaign restaurant associates, inc.

DOWNTOWN CHAMPAIGN RESTAURANT ASSOCIATES, INC.

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DOWNTOWN CHAMPAIGN RESTAURANT ASSOCIATES, INC.

Borrower Address

1 E MAIN ST STE 101

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61820-1300

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

265600.00

Current Approval Amount

265600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61820-1300

CD

IL-13

Jobs Reported

54

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

265600.00

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

Subchapter S Corporation

Originating Lender Location Id

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

269296.27

Forgiveness Date

09/01/2021

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