Kels Foods INC
$534,000 PPP Loan in Freeport, Illinois
Loan Details
- Loan Number
- 4942477008
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $534,000
- Current Approval
- $534,000
- Forgiveness Amount
- $538,702
- Forgiveness Date
- Feb 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Kels Foods INC
- Address
- 50 W Douglas St
- City
- Freeport
- State
- Illinois
- ZIP Code
- 61032-4128
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Franchise
- Kfc
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 112
- Estimated Revenue
- $19.9M
- Rural/Urban
- Rural
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $400,500
- Rent
- $66,750
- Utilities
- $66,750
Lender Information
- Servicing Lender
- Northwest Bank of Rockford
- Originating Lender
- Northwest Bank of Rockford
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