PPP Loan information for Jarosch bakery

$389,080

Jarosch bakery was initially approved for PPP Loan of amount $389,000, the current approved amount is $389,080. The loan was approved on 04/08/2020 by The Schaumburg Bank & Trust Company, National Association reported 64 jobs and $389,080 was used to fund payroll.

Jarosch bakery is New Business or 2 years or less

JAROSCH BAKERY

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

JAROSCH BAKERY

Borrower Address

35 ARLINGTON HEIGHTS RD

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-1405

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

389000.00

Current Approval Amount

389080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222507

Servicing Lender Name

Schaumburg Bank & Trust Company, National Association

Servicing Lender Address

1180 E Higgins Rd

Servicing Lender City

SCHAUMBURG

Servicing Lender State

IL

Servicing Lender Zip

60173-4709

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-1405

CD

IL-08

Jobs Reported

64

NAICS Code

311811

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

48635.00

Payroll Proceed

291810.00

Mortgage Interest Proceed

48635.00

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

222507

Originating Lender

Schaumburg Bank & Trust Company, National Association

Originating Lender City

SCHAUMBURG

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

393662.50

Forgiveness Date

06/16/2021

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