123 LABOR INC. (IL) - 2020 PPP Loan Borrower Profile (# 8081397700)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 123 LABOR 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

8081397700

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$48,830

Date Loan was Approved

May 1, 2020

Amount Forgiven

$49,494.89

Date Loan was Forgiven

Sep 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

48,830

Lender

Cross River Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

561311

Borrower Location

BURBANK, IL

Project Location

BURBANK, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.