PPP Loan information for Ronchetti distributing co.

$324,500

Ronchetti distributing co. was initially approved for PPP Loan of amount $324,500, the current approved amount is $324,500. The loan was approved on 04/04/2020 by The First Mid Bank & Trust, National Association reported 22 jobs and $324,500 was used to fund payroll.

Ronchetti distributing co. is Existing or more than 2 years old

PPP Loan Search / IL / MATTOON / Ronchetti distributing co.

RONCHETTI DISTRIBUTING CO.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RONCHETTI DISTRIBUTING CO.

Borrower Address

2621 Lake Land Blvd.

Borrower City

MATTOON

Borrower State

IL

Borrower Zip

61938-5964

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

324500.00

Current Approval Amount

324500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATTOON

Project County Name

COLES

Project State

IL

Project Zip

61938-5964

CD

IL-15

Jobs Reported

22

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40563.00

Payroll Proceed

243375.00

Mortgage Interest Proceed

40562.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

326564.18

Forgiveness Date

11/27/2020

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