Kim Foods INC

$554,500 PPP Loan in Freeport, Illinois

Loan Details

Loan Number
4925337010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$554,500
Current Approval
$554,500
Forgiveness Amount
$559,491
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kim Foods INC
Address
50 W Douglas St
ZIP Code
61032-4128
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Wendy's
Business Age
Existing or more than 2 years old
Jobs Reported
145
Estimated Revenue
$25.7M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$415,875
Rent
$69,313
Utilities
$69,312

Lender Information

Servicing Lender
Northwest Bank of Rockford
Originating Lender
Northwest Bank of Rockford

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