NewBizBot
Try for Free

Payal Foods INC

$30,900 PPP Loan in Belvidere, Illinois

Loan Details

Loan Number
6547237005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$30,900
Current Approval
$30,900
Forgiveness Amount
$31,127
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Payal Foods INC
Address
2510 Pearl St
City
Belvidere
State
Illinois
ZIP Code
61008-6012
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$26,000
Rent
$4,000
Utilities
$900

Lender Information

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

Other PPP Loans in Belvidere, IL

BusinessApproved
Franklin Display Group, Inc.$1,258,200NewBizBotAI Deep Dive
Heritage Carpentry INC$1,225,000NewBizBotAI Deep Dive
Youngberg Industries Inc.$1,196,992NewBizBotAI Deep Dive
Renaissance Roofing INC$1,142,900NewBizBotAI Deep Dive
Youngberg Industries, Inc.$1,139,200NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free