New Meridian Banquets, Inc.

$163,625 PPP Loan in Rolling Meadows, Illinois

Loan Details

Loan Number
9498817107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$163,625
Current Approval
$163,625
Forgiveness Amount
$165,420
Forgiveness Date
May 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Meridian Banquets, Inc.
Address
1701 Algonquin Rd
ZIP Code
60008
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722320)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$6.5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$93,075
Rent
$40,000
Utilities
$21,216
Health Care
$9,334

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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