4B ELEVATOR COMPONENTS LTD. (IL) - 2020 PPP Loan Borrower Profile (# 2167247204)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 4B ELEVATOR COMPONENTS LTD.. 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

2167247204

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$562,702

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$566,297.04

Date Loan was Forgiven

Dec 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

562,702

Lender

Hickory Point Bank and Trust

Business Detail

Business Type

Corporation

NAICS

333111

Borrower Location

MORTON, IL

Project Location

MORTON, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.