A.K. RESINS INC. (IL) - 2020 PPP Loan Borrower Profile (# 1221747710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A.K. RESINS 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

1221747710

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$22,892

Date Loan was Approved

May 1, 2020

Amount Forgiven

$23,186.76

Date Loan was Forgiven

Aug 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

20,892

Rent Proceed

2,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

Borrower Location

ELK GROVE VILLAGE, IL

Project Location

ELK GROVE VILLAGE, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.