322 RANDALL S E CO (IL) - 2020 PPP Loan Borrower Profile (# 1851337100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 322 RANDALL S E CO. 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

1851337100

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$46,075

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$46,895.51

Date Loan was Forgiven

Feb 8, 2022

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

45,000

Mortgage Interest Proceed

1,075

Lender

First Secure Bank and Trust Co.

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

SOUTH ELGIN, IL

Project Location

SOUTH ELGIN, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.