1937 CORPORATION (IL) - 2020 PPP Loan Borrower Profile (# 2087427308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1937 CORPORATION. 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
2087427308
SBA Office Code
0507
Processing Method
PPP
Curent Loan Amount
$28,642
Date Loan was Approved
Apr 29, 2020
Amount Forgiven
$28,964.22
Date Loan was Forgiven
Jun 11, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
28,642
Lender
U.S. Bank, National Association

Business Detail

Business Type
Corporation
NAICS
812320
Borrower Location
MAYWOOD, IL
Project Location
MAYWOOD, IL
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
7
Business Age Description
Existing or more than 2 years old
Data Source: SBA.