Paul's Family Restaurant, Inc.

$254,375 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
6857077207
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$254,375
Current Approval
$254,375
Forgiveness Amount
$258,516
Forgiveness Date
Dec 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Paul's Family Restaurant, Inc.
Address
1300 Lawrence Ave
City
Elgin
ZIP Code
60123-3363
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$12.4M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$190,781
Rent
$38,157
Utilities
$25,437

Lender Information

Servicing Lender
Village Bank and Trust, National Association
Originating Lender
Village Bank and Trust, National Association

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