1480 GOLF CORP. (IL) - 2020 PPP Loan Borrower Profile (# 9890557008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1480 GOLF CORP.. 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

9890557008

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$242,442.5

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$246,447.78

Date Loan was Forgiven

Dec 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

240,000

Mortgage Interest Proceed

2,442.5

Lender

First Secure Bank and Trust Co.

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

ROLLING MEADOWS, IL

Project Location

ROLLING MEADOWS, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.