Touchstone Logistics INC

$625,000 PPP Loan in Mt Prospect, Illinois

Loan Details

Loan Number
1253177710
Date Approved
May 1, 2020
Loan Status
Charged Off
Initial Approval
$625,000
Current Approval
$625,000
Forgiveness Amount
$65,005
Forgiveness Date
Aug 25, 2021
Term
21 months
Draw
First Draw

Business Information

Business Name
Touchstone Logistics INC
Address
601 W Huntington Commons Rd Apt 312
ZIP Code
60056
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
300
Estimated Revenue
$91.9M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$592,000
Rent
$6,000
Utilities
$2,000
Debt Interest
$25,000

Lender Information

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

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