PPP Loan information for Multi-culture food inc

$160,088

Multi-culture food inc was initially approved for PPP Loan of amount $160,088, the current approved amount is $160,088. The loan was approved on 04/12/2020 by The Northwest Bank reported 18 jobs and $160,088 was used to fund payroll.

Multi-culture food inc is New Business or 2 years or less

PPP Loan Search / OH / NORTH OLMSTED / Multi-culture food inc

MULTI-CULTURE FOOD INC

Date Approved

04/12/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MULTI-CULTURE FOOD INC

Borrower Address

362 Great Northern Mall

Borrower City

NORTH OLMSTED

Borrower State

OH

Borrower Zip

44070-3343

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160087.50

Current Approval Amount

160087.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTH OLMSTED

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44070-3343

CD

OH-07

Jobs Reported

18

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

160087.50

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150988.02

Forgiveness Date

11/24/2020

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