1031 RUSH, INC. (IL) - 2020 PPP Loan Borrower Profile (# 6490387002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1031 RUSH, 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

6490387002

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$1,022,930

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$1,036,824.8

Date Loan was Forgiven

Aug 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

127,866.25

Payroll Proced

767,197.5

Rent Proceed

127,866.25

Lender

Wintrust Bank, National Association

Business Detail

Business Type

Partnership

NAICS

722511

Borrower Location

CHICAGO, IL

Project Location

CHICAGO, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.