Len's Ace Hardware, Incorporated
$295,000 PPP Loan in Addison, Illinois
Loan Details
- Loan Number
- 5285577007
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $295,000
- Current Approval
- $295,000
- Forgiveness Amount
- $298,589
- Forgiveness Date
- Jun 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Len's Ace Hardware, Incorporated
- Address
- 30 W Lake St
- City
- Addison
- State
- Illinois
- ZIP Code
- 60101-2764
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (444130)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 80
- Estimated Revenue
- $16.5M
- Rural/Urban
- Urban
- Congressional District
- IL-03
Loan Use Breakdown
- Payroll
- $230,000
- Rent
- $55,000
- Utilities
- $10,000
Lender Information
- Servicing Lender
- Itasca Bank & Trust Co.
- Originating Lender
- Itasca Bank & Trust Co.
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