PPP Loan information for Testa produce inc

$2,000,000

Testa produce inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/20/2021 by The Byline Bank reported 138 jobs and $2,000,000 was used to fund payroll.

Testa produce inc is Existing or more than 2 years old

PPP Loan Search / IL / Chicago / Testa produce inc

TESTA PRODUCE INC

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

TESTA PRODUCE INC

Borrower Address

4555 S Racine Ave

Borrower City

Chicago

Borrower State

IL

Borrower Zip

60609-3371

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chicago

Project County Name

COOK

Project State

IL

Project Zip

60609-3371

CD

IL-04

Jobs Reported

138

NAICS Code

424490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2023222.22

Forgiveness Date

03/28/2022

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