2PMK CORP. DBA HAND AND STONE SPA ALGONQUIN (IL) - 2020 PPP Loan Borrower Profile (# 1277207700)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 2PMK CORP. DBA HAND AND STONE SPA ALGONQUIN. 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

1277207700

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$407,500

Date Loan was Approved

May 1, 2020

Amount Forgiven

$411,193.99

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,000

Payroll Proced

345,000

Mortgage Interest Proceed

4,000

Rent Proceed

47,500

Health Care Proceed

4,000

Debt Interest Proceed

2,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

Borrower Location

FOX LAKE, IL

Project Location

FOX LAKE, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.