Illinois Process Equipment
$300,000 PPP Loan in Schaumburg, Illinois
Loan Details
- Loan Number
- 2294997710
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $300,000
- Current Approval
- $300,000
- Forgiveness Amount
- $303,716
- Forgiveness Date
- Aug 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Illinois Process Equipment
- Address
- 1110 Morse Ave
- City
- Schaumburg
- State
- Illinois
- ZIP Code
- 60193
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423830)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- $5.5M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $261,475
- Rent
- $11,025
- Utilities
- $5,000
- Health Care
- $22,500
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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