Backyard, Inc.

$124,000 PPP Loan in Loves Park, Illinois

Loan Details

Loan Number
5143037003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$124,000
Current Approval
$124,000
Forgiveness Amount
$124,909
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Backyard, Inc.
Address
6473 N 2nd St
ZIP Code
61111-4109
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722410)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$5.0M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$100,000
Rent
$20,000
Utilities
$4,000

Lender Information

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

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