PPP Loan information for Fusion 92

$1,588,067

Fusion 92 was initially approved for PPP Loan of amount $1,588,067, the current approved amount is $1,588,067. The loan was approved on 04/30/2020 by The JPMorgan Chase Bank, National Association reported 101 jobs and $1,588,067 was used to fund payroll.

Fusion 92 is Existing or more than 2 years old

FUSION 92

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FUSION 92

Borrower Address

440 W ONTARIO ST

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60654-5714

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1588067.00

Current Approval Amount

1588067.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60654-5714

CD

IL-07

Jobs Reported

101

NAICS Code

541810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20640.00

Payroll Proceed

1390877.83

Mortgage Interest Proceed

0.00

Rent Proceed

164190.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

12359.17

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1602462.83

Forgiveness Date

03/31/2021

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