PPP Loan information for Michaels on main cafe

$725,128

Michaels on main cafe was initially approved for PPP Loan of amount $725,128, the current approved amount is $725,128. The loan was approved on 04/28/2020 by The Square Capital, LLC reported 113 jobs and $725,128 was used to fund payroll.

Michaels on main cafe is Existing or more than 2 years old

PPP Loan Search / IL / Lombard / Michaels on main cafe

MICHAELS ON MAIN CAFE

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MICHAELS ON MAIN CAFE

Borrower Address

720 E Butterfield Road 170

Borrower City

Lombard

Borrower State

IL

Borrower Zip

60148

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

725127.79

Current Approval Amount

725127.79

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529050

Servicing Lender Name

Square Capital, LLC

Servicing Lender Address

1455 Market Street, Suite 600

Servicing Lender City

San Francisco

Servicing Lender State

CA

Servicing Lender Zip

94103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lombard

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-0001

CD

IL-06

Jobs Reported

113

NAICS Code

722514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

90640.97

Payroll Proceed

543845.84

Mortgage Interest Proceed

90640.98

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;