87TH ST LAUNDRY MAT INC (IL) - 2020 PPP Loan Borrower Profile (# 5433968005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 87TH ST LAUNDRY MAT 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

5433968005

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$5,830

Date Loan was Approved

Jun 28, 2020

Amount Forgiven

$5,890.41

Date Loan was Forgiven

Jul 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

5,830

Lender

WebBank

Business Detail

Business Type

Corporation

NAICS

812310

Borrower Location

CHICAGO, IL

Project Location

CHICAGO, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.