321 RESTAURANT LLC (IL) - 2020 PPP Loan Borrower Profile (# 6531237904)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 321 RESTAURANT LLC. 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

6531237904

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$748,386

Date Loan was Approved

Jun 16, 2020

Amount Forgiven

$758,281.33

Date Loan was Forgiven

Oct 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

50,000

Payroll Proced

648,386

Mortgage Interest Proceed

50,000

Lender

Wintrust Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

CHICAGO, IL

Project Location

CHICAGO, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.