A5 POWER SOLUTIONS INC (IL) - 2020 PPP Loan Borrower Profile (# 7551458506)

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

7551458506

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$54,730

Date Loan was Approved

Mar 6, 2021

Amount Forgiven

$55,126.31

Date Loan was Forgiven

Dec 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

54,727

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

423430

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.