Arbor Management

$665,000 PPP Loan in Itasca, Illinois

Loan Details

Loan Number
7729507107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$665,000
Current Approval
$665,000
Forgiveness Amount
$654,138
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arbor Management
Address
917 W. Hawthorn Dr
City
Itasca
ZIP Code
60143
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722310)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$11.4M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$498,750
Rent
$55,417
Utilities
$55,417
Mortgage Interest
$55,417

Lender Information

Servicing Lender
Wheaton Bank & Trust Company, National Association
Originating Lender
Wheaton Bank & Trust Company, National Association

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