A-1 TOOL CORPORATION (IL) - 2020 PPP Loan Borrower Profile (# 5695027107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A-1 TOOL CORPORATION. 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

5695027107

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$1,177,495

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$1,184,494.55

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,177,495

Lender

Fifth Third Bank

Business Detail

Business Type

Corporation

NAICS

333514

Borrower Location

MELROSE PARK, IL

Project Location

MELROSE PARK, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.