1000 WATTS SPORTS (IL) - 2020 PPP Loan Borrower Profile (# 1543058605)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1000 WATTS SPORTS. 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

1543058605

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$35,098

Date Loan was Approved

Mar 13, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

36 Months

Utilities Proced

Payroll Proced

35,095

Lender

Customers Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

611620

Borrower Location

Chicago, IL

Project Location

Chicago, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.