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
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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