Kin-Ko Ace Stores, INC

$247,600 PPP Loan in Downers Grove, Illinois

Loan Details

Loan Number
8224287003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$247,600
Current Approval
$247,600
Forgiveness Amount
$249,201
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Kin-Ko Ace Stores, INC
Address
6216 S Main Street
ZIP Code
60516
Business Type
Corporation
Industry (NAICS)
Retail Trade (444130)
Franchise
Ace Hardware
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$11.8M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$185,700
Rent
$61,900

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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