A CUT ABOVE CONTRUCTION INC (IL) - 2020 PPP Loan Borrower Profile (# 1572347405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A CUT ABOVE CONTRUCTION 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

1572347405

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$22,200

Date Loan was Approved

May 4, 2020

Amount Forgiven

$22,316.55

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,775

Payroll Proced

16,650

Rent Proceed

2,775

Lender

First Mid Bank & Trust, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

236115

Borrower Location

HIGHLAND, IL

Project Location

HIGHLAND, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.