Magellen Properties, Inc.

$47,809 PPP Loan in Oakbrook Terrace, Illinois

Loan Details

Loan Number
8779498105
Date Approved
Jul 27, 2020
Loan Status
Paid in Full
Initial Approval
$47,809
Current Approval
$47,809
Forgiveness Amount
$48,184
Forgiveness Date
May 10, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Magellen Properties, Inc.
Address
712 N Villa Ave #128
ZIP Code
60181
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531210)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$35,857
Rent
$11,952

Lender Information

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

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