3BRANCH PRODUCTS, INC. (IL) - 2020 PPP Loan Borrower Profile (# 2831987202)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 3BRANCH PRODUCTS, 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
2831987202
SBA Office Code
0507
Processing Method
PPP
Curent Loan Amount
$57,845
Date Loan was Approved
Apr 16, 2020
Amount Forgiven
$58,391.41
Date Loan was Forgiven
Mar 31, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
2,025
Payroll Proced
41,250
Mortgage Interest Proceed
0
Rent Proceed
14,570
Refinance EIDL Proceed
0
Health Care Proceed
0
Debt Interest Proceed
0
Lender
JPMorgan Chase Bank, National Association
Business Detail
Business Type
Subchapter S Corporation
NAICS
423210
Borrower Location
NORTHBROOK, IL
Project Location
NORTHBROOK, IL
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
3
Business Age Description
Existing or more than 2 years old
Data Source: SBA.