1659 INC. (IL) - 2020 PPP Loan Borrower Profile (# 6206707300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1659 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

6206707300

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$22,082.5

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$22,534.58

Date Loan was Forgiven

May 19, 2022

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

22,082.5

Lender

Fifth Third Bank

Business Detail

Business Type

Corporation

NAICS

722513

Borrower Location

CHICAGO, IL

Project Location

CHICAGO, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.