Municipal Collections of America INC

$296,230 PPP Loan in Lansing, Illinois

Loan Details

Loan Number
1526987702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$296,230
Current Approval
$296,230
Forgiveness Amount
$299,714
Forgiveness Date
Jul 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Municipal Collections of America INC
Address
3348 Ridge Rd
ZIP Code
60438
Business Type
Subchapter S Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561440)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$219,630
Rent
$24,000
Utilities
$4,600
Health Care
$48,000

Lender Information

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

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