Addison Building Material

$258,600 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
1377337200
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$258,600
Current Approval
$258,600
Forgiveness Amount
$261,315
Forgiveness Date
May 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Addison Building Material
Address
3201 S Busse Rd
ZIP Code
60005-4610
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444130)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$206,900
Rent
$51,700

Lender Information

Servicing Lender
Itasca Bank & Trust Co.
Originating Lender
Itasca Bank & Trust Co.

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