Omega Foods, INC

$711,000 PPP Loan in Freeport, Illinois

Loan Details

Loan Number
4931527004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$711,000
Current Approval
$711,000
Forgiveness Amount
$717,399
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Omega Foods, INC
Address
50 W Douglas St Suite 1101
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
200
Estimated Revenue
$35.5M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$533,250
Utilities
$88,875
Mortgage Interest
$88,875

Lender Information

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

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