Communication Zone INC

$765,500 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
8749957006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$765,500
Current Approval
$765,500
Forgiveness Amount
$773,793
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Communication Zone INC
Address
735 W Lunt Ave
ZIP Code
60193-4412
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$10.5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$727,263
Rent
$26,000
Utilities
$12,237

Lender Information

Servicing Lender
Itasca Bank & Trust Co.
Originating Lender
Itasca Bank & Trust Co.

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