Innovation Arts & Entertainment, Ltddba Theatre Council Pro

$332,500 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
2175557203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$332,500
Current Approval
$332,500
Forgiveness Amount
$335,958
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovation Arts & Entertainment, Ltddba Theatre Council Pro
Address
111 N Wabash Ave Ste 919
ZIP Code
60602
Business Type
Subchapter S Corporation
Industry (NAICS)
Arts, Entertainment, and Recreation (711320)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.3M
Rural/Urban
Urban
Congressional District
IL-07

Loan Use Breakdown

Payroll
$266,000
Rent
$40,000
Utilities
$11,500
Health Care
$15,000

Lender Information

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

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