Mvp Economic Development Corporation

$196,800 PPP Loan in Grayslake, Illinois

Loan Details

Loan Number
5406537003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$196,800
Current Approval
$196,800
Forgiveness Amount
$198,101
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mvp Economic Development Corporation
Address
101 Center St
ZIP Code
60030-1532
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722410)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$5.0M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$147,600
Rent
$24,600
Utilities
$24,600

Lender Information

Servicing Lender
State Bank of the Lakes, National Association
Originating Lender
State Bank of the Lakes, National Association

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