47 ACRES, INC. (IL) - 2020 PPP Loan Borrower Profile (# 7084347109)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 47 ACRES, 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
7084347109
SBA Office Code
0507
Processing Method
PPP
Curent Loan Amount
$2,750
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$2,779.01
Date Loan was Forgiven
May 6, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
2,750
Lender
Citizens National Bank of Albion
Business Detail
Business Type
Subchapter S Corporation
NAICS
111199
Borrower Location
WEST SALEM, IL
Project Location
WEST SALEM, IL
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
2
Business Age Description
New Business or 2 years or less
Data Source: SBA.
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