127 LOUNGE INC (IL) - 2020 PPP Loan Borrower Profile (# 3571938300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 127 LOUNGE 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

3571938300

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$11,819

Date Loan was Approved

Jan 22, 2021

Amount Forgiven

$11,863.69

Date Loan was Forgiven

Jun 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

11,817

Lender

The Bradford National Bank of Greenville

Business Detail

Business Type

Subchapter S Corporation

NAICS

722410

Borrower Location

Nashville, IL

Project Location

Nashville, 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.