1ST OPTION DRYWALL & CONSRUCTION LLC (IL) - 2020 PPP Loan Borrower Profile (# 4604517309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST OPTION DRYWALL & CONSRUCTION 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

4604517309

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$6,250

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$6,340.97

Date Loan was Forgiven

Oct 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

6,250

Lender

WebBank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238310

Borrower Location

posen, IL

Project Location

posen, 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.