5P BUSINESS SOLUTIONS INC. (IL) - 2020 PPP Loan Borrower Profile (# 6223307202)

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

6223307202

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$111,506

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$112,478.58

Date Loan was Forgiven

Mar 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

111,506

Lender

Old Second National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

561330

Borrower Location

HOMER GLEN, IL

Project Location

HOMER GLEN, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.