159 LIMITED PARTNERSHIP (IL) - 2020 PPP Loan Borrower Profile (# 6979837905)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 159 LIMITED PARTNERSHIP. 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

6979837905

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$696,899

Date Loan was Approved

Jun 16, 2020

Amount Forgiven

$705,552.16

Date Loan was Forgiven

Sep 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

50,000

Payroll Proced

596,899

Mortgage Interest Proceed

50,000

Lender

Wintrust Bank, National Association

Business Detail

Business Type

Partnership

NAICS

722511

Borrower Location

CHICAGO, IL

Project Location

CHICAGO, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.