PPP Loan information for Pecatonica groceries inc

$123,400

Pecatonica groceries inc was initially approved for PPP Loan of amount $123,400, the current approved amount is $123,400. The loan was approved on 04/08/2020 by The German-American State Bank reported 32 jobs and $123,400 was used to fund payroll.

Pecatonica groceries inc is New Business or 2 years or less

PPP Loan Search / IL / ELGIN / Pecatonica groceries inc

PECATONICA GROCERIES INC

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PECATONICA GROCERIES INC

Borrower Address

351 COMSTOCK DR

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60124-3827

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123400.00

Current Approval Amount

123400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21434

Servicing Lender Name

German-American State Bank

Servicing Lender Address

100 Church St

Servicing Lender City

GERMAN VALLEY

Servicing Lender State

IL

Servicing Lender Zip

61039

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60124-3827

CD

IL-11

Jobs Reported

32

NAICS Code

445110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15425.00

Payroll Proceed

92550.00

Mortgage Interest Proceed

15425.00

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

21434

Originating Lender

German-American State Bank

Originating Lender City

GERMAN VALLEY

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124712.84

Forgiveness Date

05/06/2021

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