Cannova's INC

$70,000 PPP Loan in Freeport, Illinois

Loan Details

Loan Number
6026267008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$70,000
Current Approval
$91,600
Forgiveness Amount
$92,290
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cannova's INC
Address
1101 W Empire St
ZIP Code
61032-6225
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$68,700
Rent
$11,450
Utilities
$11,450

Lender Information

Servicing Lender
State Bank
Originating Lender
State Bank

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