5P BUSINESS SOLUTIONS INC (IL) - 2020 PPP Loan Borrower Profile (# 2880838500)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5P BUSINESS SOLUTIONS 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

2880838500

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$127,511

Date Loan was Approved

Feb 22, 2021

Amount Forgiven

$129,370.54

Date Loan was Forgiven

Aug 4, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

127,509

Lender

Old Second National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

524210

Borrower Location

Homer Glen, IL

Project Location

Homer Glen, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.