1426 FOUNDATION LLC (IL) - 2020 PPP Loan Borrower Profile (# 7129798301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1426 FOUNDATION LLC. 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

7129798301

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$100,000

Date Loan was Approved

Jan 27, 2021

Amount Forgiven

$100,597.26

Date Loan was Forgiven

Sep 7, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

99,995

Lender

Bank of Springfield

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

623311

Borrower Location

Springfield, IL

Project Location

Springfield, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.