Common Ground Food Co-Op

$346,956 PPP Loan in Urbana, Illinois

Loan Details

Loan Number
9775197208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$346,956
Current Approval
$346,956
Forgiveness Amount
$350,425
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Common Ground Food Co-Op
Address
300 S Broadway Ave #166
City
Urbana
ZIP Code
61801-3449
Business Type
Cooperative
Industry (NAICS)
Retail Trade (445110)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.2M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$260,217
Rent
$43,369
Utilities
$43,369

Lender Information

Servicing Lender
Bankchampaign, National Association
Originating Lender
Bankchampaign, National Association

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