PPP Loan information for Rackhouse tavern llc

$176,344

Rackhouse tavern llc was initially approved for PPP Loan of amount $176,344, the current approved amount is $176,344. The loan was approved on 04/27/2020 by The Village Bank and Trust, National Association reported 37 jobs and $176,344 was used to fund payroll.

Rackhouse tavern llc is Existing or more than 2 years old

PPP Loan Search / IL / ARLINGTON HEIGHTS / Rackhouse tavern llc

RACKHOUSE TAVERN LLC

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RACKHOUSE TAVERN LLC

Borrower Address

222 E ALGONQUIN RD

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60005-4662

Loan Status Date

10/20/2021

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

176344.00

Current Approval Amount

176344.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60005-4662

CD

IL-08

Jobs Reported

37

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17634.40

Payroll Proceed

132258.00

Mortgage Interest Proceed

26451.60

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;