PPP Loan information for Food concepts inc

$220,628

Food concepts inc was initially approved for PPP Loan of amount $220,628, the current approved amount is $220,628. The loan was approved on 01/29/2021 by The First Merchants Bank reported 37 jobs and $220,628 was used to fund payroll.

Food concepts inc is Existing or more than 2 years old

FOOD CONCEPTS INC

Date Approved

01/29/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

FOOD CONCEPTS INC

Borrower Address

3123 Calumet Ave

Borrower City

Valparaiso

Borrower State

IN

Borrower Zip

46383-2610

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220628.17

Current Approval Amount

220628.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Valparaiso

Project County Name

PORTER

Project State

IN

Project Zip

46383-2610

CD

IN-01

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

220623.17

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

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

221891.49

Forgiveness Date

09/07/2021

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