A5 POWER SOLUTIONS INC (IL) - 2020 PPP Loan Borrower Profile (# 2217247704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A5 POWER 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

2217247704

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$53,055

Date Loan was Approved

May 1, 2020

Amount Forgiven

$53,595.16

Date Loan was Forgiven

May 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,098

Payroll Proced

43,508

Rent Proceed

4,400

Health Care Proceed

4,049

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

541613

Borrower Location

PEORIA, IL

Project Location

PEORIA, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.