AG WELLNESS GROUP LLC (IL) - 2020 PPP Loan Borrower Profile (# 8083557105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AG WELLNESS GROUP LLC. 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

8083557105

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$240,375

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$242,809.2

Date Loan was Forgiven

Apr 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,000

Payroll Proced

208,375

Mortgage Interest Proceed

Rent Proceed

25,000

Refinance EIDL Proceed

Health Care Proceed

5,000

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

812112

Borrower Location

BARRINGTON, IL

Project Location

BARRINGTON, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.