El Rancherito of Salem

$78,500 PPP Loan in Salem, Illinois

Loan Details

Loan Number
2447287101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$78,500
Current Approval
$78,500
Forgiveness Amount
$79,076
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
El Rancherito of Salem
Address
103 Baldridge Lane Suite 301
City
Salem
ZIP Code
62881-0009
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$58,875
Rent
$9,813
Utilities
$9,812

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank & Trust, National Association

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