PPP Loan information for Food concepts inc

$827,000

Food concepts inc was initially approved for PPP Loan of amount $827,000, the current approved amount is $827,000. The loan was approved on 04/10/2020 by The Johnson Bank reported 80 jobs and $827,000 was used to fund payroll.

Food concepts inc is Existing or more than 2 years old

PPP Loan Search / WI / MIDDLETON / Food concepts inc

FOOD CONCEPTS INC

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

FOOD CONCEPTS INC

Borrower Address

PARMENTER ST

Borrower City

MIDDLETON

Borrower State

WI

Borrower Zip

53562-1511

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

827000.00

Current Approval Amount

827000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDDLETON

Project County Name

DANE

Project State

WI

Project Zip

53562-1511

CD

WI-02

Jobs Reported

80

NAICS Code

541410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

103375.00

Payroll Proceed

620250.00

Mortgage Interest Proceed

0.00

Rent Proceed

103375.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

831508.85

Forgiveness Date

11/03/2020

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