Ignite Network Inc.
$375,000 PPP Loan in Chicago, Illinois
Loan Details
- Loan Number
- 2465427709
- Date Approved
- May 1, 2020
- Loan Status
- Exemption 4
- Initial Approval
- $375,000
- Current Approval
- $375,000
- Forgiveness Amount
- $360,206
- Forgiveness Date
- Jul 19, 2021
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Ignite Network Inc.
- Address
- 3341 N Elston Ave
- City
- Chicago
- State
- Illinois
- ZIP Code
- 60618
- Business Type
- Corporation
- Industry (NAICS)
- Arts, Entertainment, and Recreation (713990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 70
- Estimated Revenue
- $9.8M
- Rural/Urban
- Urban
- Congressional District
- IL-05
Loan Use Breakdown
- Payroll
- $300,000
- Rent
- $25,000
- Utilities
- $36,000
- Debt Interest
- $14,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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|---|---|---|
| Fay Servicing, LLC | $10,000,000 | |
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