Covenant Trust Company

$734,800 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
8715007005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$734,800
Current Approval
$734,800
Forgiveness Amount
$739,178
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Covenant Trust Company
Address
8303 West Higgins Road
ZIP Code
60631-2903
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (523920)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$20.6M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$551,100
Rent
$110,220
Utilities
$73,480

Lender Information

Servicing Lender
Wintrust Bank, National Association
Originating Lender
Wintrust Bank, National Association

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