1BG, INC. (IL) - 2020 PPP Loan Borrower Profile (# 4140718002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1BG, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Illinois.

Loan Detail

Loan Number

4140718002

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$10,416

Date Loan was Approved

Jun 25, 2020

Amount Forgiven

$10,527.58

Date Loan was Forgiven

Jul 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

10,416

Lender

CIBC Bank USA

Business Detail

Business Type

Subchapter S Corporation

NAICS

531210

Borrower Location

GLENCOE, IL

Project Location

GLENCOE, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.