1102 WEBSTER JOINT VENTURE (IL) - 2020 PPP Loan Borrower Profile (# 7618708406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1102 WEBSTER JOINT VENTURE. 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

7618708406

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$51,716

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$51,996.54

Date Loan was Forgiven

Sep 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

51,714

Lender

Bank of America, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722410

Borrower Location

Chicago, IL

Project Location

Chicago, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.