PPP Loan information for Pearson's bakery ltd.

$63,900

Pearson's bakery ltd. was initially approved for PPP Loan of amount $63,900, the current approved amount is $63,900. The loan was approved on 04/28/2020 by The Old Second National Bank reported 16 jobs and $63,900 was used to fund payroll.

Pearson's bakery ltd. is Existing or more than 2 years old

PEARSON'S BAKERY LTD.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PEARSON'S BAKERY LTD.

Borrower Address

1 w 16TH ST

Borrower City

CHICAGO HEIGHTS

Borrower State

IL

Borrower Zip

60411-3422

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63900.00

Current Approval Amount

63900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60411-3422

CD

IL-02

Jobs Reported

16

NAICS Code

562910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2200.00

Payroll Proceed

51100.00

Mortgage Interest Proceed

0.00

Rent Proceed

10600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64327.77

Forgiveness Date

01/04/2021

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