5M OF ILLINOIS INC. (IL) - 2020 PPP Loan Borrower Profile (# 5805308302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5M OF ILLINOIS 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
5805308302
SBA Office Code
0507
Processing Method
PPS
Curent Loan Amount
$36,650
Date Loan was Approved
Jan 25, 2021
Amount Forgiven
$36,835.29
Date Loan was Forgiven
Aug 4, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
36,648
Lender
Fifth Third Bank

Business Detail

Business Type
Corporation
NAICS
311811
Borrower Location
Palos Heights, IL
Project Location
Palos Heights, IL
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
15
Business Age Description
Existing or more than 2 years old
Data Source: SBA.