Jit Packaging, LLC

$1,624,064 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
5815727002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,624,064
Current Approval
$1,624,064
Forgiveness Amount
$1,642,064
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jit Packaging, LLC
Address
1717 Gifford Road
City
Elgin
ZIP Code
60120-7500
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (424130)
Business Age
Existing or more than 2 years old
Jobs Reported
147
Estimated Revenue
$37.8M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$1,218,048
Rent
$203,008
Utilities
$203,008

Lender Information

Servicing Lender
Village Bank and Trust, National Association
Originating Lender
Village Bank and Trust, National Association

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