247 METAL LASER, INC. (IL) - 2020 PPP Loan Borrower Profile (# 5479907106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 247 METAL LASER, 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

5479907106

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$72,177.5

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$73,061.67

Date Loan was Forgiven

Jul 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

72,177.5

Lender

CenTrust Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

333514

Borrower Location

ITASCA, IL

Project Location

ITASCA, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.