3RD CHUTE II LLC (IL) - 2020 PPP Loan Borrower Profile (# 1060757101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 3RD CHUTE II LLC. 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

1060757101

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$56,100

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$56,676.37

Date Loan was Forgiven

Apr 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

56,100

Lender

Scott CU

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

ALTON, IL

Project Location

ALTON, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.