Commercial Bag Company

$1,689,430 PPP Loan in Bloomington, Illinois

Loan Details

Loan Number
1550957105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,689,430
Current Approval
$1,689,430
Forgiveness Amount
$1,711,321
Forgiveness Date
Aug 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Commercial Bag Company
Address
2047 Ireland Grove Rd 0.0
ZIP Code
61704-0000
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424130)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$18.0M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,344,680
Rent
$162,500
Mortgage Interest
$182,250

Lender Information

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

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