The Professionals INC

$431,500 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
7815317007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$431,500
Current Approval
$431,500
Forgiveness Amount
$436,378
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Professionals INC
Address
3918 N Western Ave
ZIP Code
60618-3725
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$12.8M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$323,625
Utilities
$53,938
Health Care
$53,938

Lender Information

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

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