A-KARRASEL MANAGEMENT CORP. (IL) - 2020 PPP Loan Borrower Profile (# 8910267106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A-KARRASEL MANAGEMENT CORP.. 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

8910267106

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$54,612

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$55,240.04

Date Loan was Forgiven

Jun 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,414

Payroll Proced

40,959

Rent Proceed

3,414

Health Care Proceed

3,413

Debt Interest Proceed

3,412

Lender

Village Bank and Trust, National Association

Business Detail

Business Type

Corporation

NAICS

624410

Borrower Location

ELMWOOD PARK, IL

Project Location

ELMWOOD PARK, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.