PPP Loan information for Downtown champaign restaurant associates inc.

$371,896

Downtown champaign restaurant associates inc. was initially approved for PPP Loan of amount $371,896, the current approved amount is $371,896. The loan was approved on 01/30/2021 by The Morton Community Bank reported 33 jobs and $371,896 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

01/30/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

DOWNTOWN CHAMPAIGN RESTAURANT ASSOCIATES INC.

Borrower Address

1 E Main St

Borrower City

Champaign

Borrower State

IL

Borrower Zip

61820-3654

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

371896.00

Current Approval Amount

371896.00

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

61820-3654

CD

IL-13

Jobs Reported

33

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

371893.00

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

376224.46

Forgiveness Date

03/28/2022

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