Ricondo & Associates, Inc.

$3,500,000 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
8550687109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$3,500,000
Current Approval
$3,500,000
Forgiveness Amount
$3,540,112
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ricondo & Associates, Inc.
Address
20 North Clark Street, Suite 1500
ZIP Code
60602
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541611)
Business Age
Existing or more than 2 years old
Jobs Reported
179
Estimated Revenue
$18.5M
Rural/Urban
Urban
Congressional District
IL-07

Loan Use Breakdown

Payroll
$3,113,100
Rent
$150,150
Utilities
$25,000
Health Care
$198,000
Debt Interest
$13,750

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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