Cereal Byproducts Company Inc.

$816,500 PPP Loan in Mount Prospect, Illinois

Loan Details

Loan Number
8160217004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$816,500
Current Approval
$816,500
Forgiveness Amount
$824,347
Forgiveness Date
Mar 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cereal Byproducts Company Inc.
Address
Kensington Rd
ZIP Code
60056-1363
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424910)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.8M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$612,375
Rent
$51,032
Utilities
$51,032
Health Care
$51,031
Debt Interest
$51,030

Lender Information

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

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