PPP Loan information for Oakton drive-in corp

$149,636

Oakton drive-in corp was initially approved for PPP Loan of amount $149,600, the current approved amount is $149,636. The loan was approved on 04/04/2020 by The Lake Forest Bank & Trust Company, National Association reported 40 jobs and $149,636 was used to fund payroll.

Oakton drive-in corp is Existing or more than 2 years old

PPP Loan Search / IL / DES PLAINES / Oakton drive-in corp

OAKTON DRIVE-IN CORP

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OAKTON DRIVE-IN CORP

Borrower Address

960 Rand Rd Suite 222

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60016-2300

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149600.00

Current Approval Amount

149636.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60016-2300

CD

IL-05

Jobs Reported

40

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

112227.00

Mortgage Interest Proceed

0.00

Rent Proceed

37409.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150949.47

Forgiveness Date

02/25/2021

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