PPP Loan information for Palermo pizza inc

$425,038

Palermo pizza inc was initially approved for PPP Loan of amount $425,038, the current approved amount is $425,038. The loan was approved on 04/28/2020 by The Old National Bank reported 50 jobs and $425,038 was used to fund payroll.

Palermo pizza inc is Existing or more than 2 years old

PALERMO PIZZA INC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PALERMO PIZZA INC

Borrower Address

4849 W 95th St

Borrower City

Oak Lawn

Borrower State

IL

Borrower Zip

60453-2521

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

425037.50

Current Approval Amount

425037.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oak Lawn

Project County Name

COOK

Project State

IL

Project Zip

60453-2521

CD

IL-06

Jobs Reported

50

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

425037.50

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

428768.38

Forgiveness Date

03/11/2021

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