PPP Loan information for Marsala's ristorante italiana, inc

$295,422

Marsala's ristorante italiana, inc was initially approved for PPP Loan of amount $295,422, the current approved amount is $295,422. The loan was approved on 04/27/2020 by The Belmont Bank & Trust Company reported 50 jobs and $295,422 was used to fund payroll.

Marsala's ristorante italiana, inc is Existing or more than 2 years old

PPP Loan Search / IL / Crystal Lake / Marsala's ristorante italiana, inc

MARSALA'S RISTORANTE ITALIANA, INC

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MARSALA'S RISTORANTE ITALIANA, INC

Borrower Address

5016 Northwest Highway

Borrower City

Crystal Lake

Borrower State

IL

Borrower Zip

60014-7331

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295422.00

Current Approval Amount

295422.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

441312

Servicing Lender Name

Belmont Bank & Trust Company

Servicing Lender Address

8250 W Belmont Ave

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crystal Lake

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-7331

CD

IL-09

Jobs Reported

50

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

295422.00

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

441312

Originating Lender

Belmont Bank & Trust Company

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

297038.61

Forgiveness Date

11/19/2020

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