#1 NETWORK, INC. (IL) - 2020 PPP Loan Borrower Profile (# 5142857000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to #1 NETWORK, 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

5142857000

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$100,382

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$100,987.08

Date Loan was Forgiven

Nov 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

100,382

Lender

Crossroads Bank

Business Detail

Business Type

Corporation

NAICS

323111

Borrower Location

EFFINGHAM, IL

Project Location

EFFINGHAM, IL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.