Microtrace LLC

$206,562 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
1597847703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$206,562
Current Approval
$206,562
Forgiveness Amount
$208,086
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Microtrace LLC
Address
790 Fletcher Dr Ste 106
City
Elgin
ZIP Code
60123
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541380)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$166,000
Rent
$30,000
Utilities
$2,000
Health Care
$8,562

Lender Information

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

Other PPP Loans in Elgin, IL

BusinessApproved
Lending Solutions, Inc.$7,198,353NewBizBotAI Deep Dive
Mkd Electric, Inc.$6,654,400NewBizBotAI Deep Dive
Fox Valley Fire & Safety Co.$4,511,500NewBizBotAI Deep Dive
Ihc Construction Companies, LLC$4,319,724NewBizBotAI Deep Dive
Proven Performers, Inc.$3,851,900NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free