Barak Business Services, Inc.

$131,654 PPP Loan in Bensenville, Illinois

Loan Details

Loan Number
5533817105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$131,654
Current Approval
$131,654
Forgiveness Amount
$133,263
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Barak Business Services, Inc.
Address
538 N. York
ZIP Code
60106
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424310)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$105,323
Rent
$13,165
Utilities
$6,583
Mortgage Interest
$6,583

Lender Information

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

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