4518 INC. (IL) - 2020 PPP Loan Borrower Profile (# 1095987710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 4518 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

1095987710

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$166,985

Date Loan was Approved

May 1, 2020

Amount Forgiven

$169,103.3

Date Loan was Forgiven

Aug 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,669

Payroll Proced

125,500

Rent Proceed

32,500

Debt Interest Proceed

1,316

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

CHICAGO, IL

Project Location

CHICAGO, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

320

Business Age Description

Existing or more than 2 years old

Data Source: SBA.