Lavelle Law, Ltd.

$961,600 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
4980587007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$961,600
Current Approval
$961,600
Forgiveness Amount
$967,156
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lavelle Law, Ltd.
Address
1933 N Meacham Rd Suite 600
ZIP Code
60173-4303
Business Type
Sole Proprietorship
Industry (NAICS)
Health Care and Social Assistance (624229)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$769,280
Rent
$96,160
Utilities
$48,080
Mortgage Interest
$48,080

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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