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Dutch American Foods, Inc.

$2,434,907 PPP Loan in Beecher, Illinois

Loan Details

Loan Number
7367027107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,434,907
Current Approval
$2,434,907
Forgiveness Amount
$2,464,126
Forgiveness Date
Jul 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dutch American Foods, Inc.
Address
1362 Dutch American Way
City
Beecher
State
Illinois
ZIP Code
60401
Business Type
Corporation
Industry (NAICS)
Manufacturing (311999)
Business Age
Existing or more than 2 years old
Jobs Reported
280
Estimated Revenue
$98.8M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$2,322,495
Health Care
$112,413

Lender Information

Servicing Lender
Providence Bank & Trust
Originating Lender
Providence Bank & Trust

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