Institute of Food Technologists INC

$1,492,890 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
2048977110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,492,890
Current Approval
$1,492,890
Forgiveness Amount
$1,520,037
Forgiveness Date
Feb 8, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Institute of Food Technologists INC
Address
525 W Van Buren Suite 1000
ZIP Code
60607-3830
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813920)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IL-07

Loan Use Breakdown

Payroll
$1,098,590
Rent
$210,000
Utilities
$4,300
Health Care
$180,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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