5M OF ILLINOIS (IL) - 2020 PPP Loan Borrower Profile (# 6513347103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5M OF ILLINOIS. 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

6513347103

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$42,500

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$42,902.88

Date Loan was Forgiven

Apr 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

42,500

Lender

The Huntington National Bank

Business Detail

Business Type

Corporation

NAICS

722513

Borrower Location

Oak Lawn, IL

Project Location

Oak Lawn, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.