1052 PARTNERS, INC. (IL) - 2020 PPP Loan Borrower Profile (# 6247017301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1052 PARTNERS, 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

6247017301

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$618,897

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$624,329.54

Date Loan was Forgiven

Mar 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

30,944.85

Payroll Proced

495,117.6

Rent Proceed

61,889.7

Debt Interest Proceed

30,944.85

Lender

Cornerstone National Bank & Trust Company

Business Detail

Business Type

Corporation

NAICS

561320

Borrower Location

CHICAGO, IL

Project Location

CHICAGO, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.