3458 NORCLARK RESTAURANT, LLC (IL) - 2020 PPP Loan Borrower Profile (# 5626877100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 3458 NORCLARK 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

5626877100

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$684,257

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$688,095.44

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

68,425

Payroll Proced

513,193

Rent Proceed

102,639

Lender

Wintrust Bank, National Association

Business Detail

Business Type

Partnership

NAICS

722511

Borrower Location

CHICAGO, IL

Project Location

CHICAGO, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

134

Business Age Description

New Business or 2 years or less

Data Source: SBA.