321 FAST DRAW INC (IL) - 2020 PPP Loan Borrower Profile (# 2791997210)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 321 FAST DRAW 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

2791997210

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$172,000

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$173,325.07

Date Loan was Forgiven

Jan 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,000

Payroll Proced

137,600

Mortgage Interest Proceed

Rent Proceed

9,140

Refinance EIDL Proceed

Health Care Proceed

19,660

Debt Interest Proceed

1,600

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

512191

Borrower Location

CHICAGO, IL

Project Location

CHICAGO, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.