111 WACKER RESTAURANT CORP (IL) - 2020 PPP Loan Borrower Profile (# 8506037007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 111 WACKER RESTAURANT CORP. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Illinois.

Loan Detail

Loan Number

8506037007

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$118,300

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$60,115.58

Date Loan was Forgiven

Jun 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,394

Payroll Proced

88,725

Rent Proceed

7,394

Health Care Proceed

7,393

Debt Interest Proceed

7,394

Lender

Village Bank and Trust, National Association

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

CHICAGO, IL

Project Location

CHICAGO, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.