Infusion Management Group, INC

$2,407,863 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
8955227109
Date Approved
Apr 15, 2020
Loan Status
Charged Off
Initial Approval
$2,407,863
Current Approval
$2,407,863
Forgiveness Amount
$1,160,015
Forgiveness Date
Sep 7, 2021
Term
15 months
Draw
First Draw

Business Information

Business Name
Infusion Management Group, INC
Address
737 N. Michigan Avenue #1520
ZIP Code
60611-6653
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
199
Estimated Revenue
$35.3M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$1,434,863
Rent
$673,000
Utilities
$40,000
Health Care
$250,000
Debt Interest
$10,000

Lender Information

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

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