PPP Loan information for Zak restaurant services, inc

$285,500

Zak restaurant services, inc was initially approved for PPP Loan of amount $285,500, the current approved amount is $285,500. The loan was approved on 04/06/2020 by The City National Bank reported 25 jobs and $285,500 was used to fund payroll.

Zak restaurant services, inc is Existing or more than 2 years old

ZAK RESTAURANT SERVICES, INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ZAK RESTAURANT SERVICES, INC

Borrower Address

424 FORT HILL DR Suite 142

Borrower City

NAPERVILLE

Borrower State

IL

Borrower Zip

60540-3908

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285500.00

Current Approval Amount

285500.00

Undisbursed Amount

0.00

Franchise Name

Wendy's

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAPERVILLE

Project County Name

DUPAGE

Project State

IL

Project Zip

60540-3908

CD

IL-11

Jobs Reported

25

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

214125.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

71375.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

288347.18

Forgiveness Date

04/21/2021

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