A & D ELECTRICAL SUPPLY INC (IL) - 2020 PPP Loan Borrower Profile (# 1470008305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A & D ELECTRICAL SUPPLY 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

1470008305

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$69,967.5

Date Loan was Approved

Jan 17, 2021

Amount Forgiven

$70,459.22

Date Loan was Forgiven

Oct 12, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

69,961.5

Lender

The Litchfield National Bank

Business Detail

Business Type

Corporation

NAICS

444190

Borrower Location

LITCHFIELD, IL

Project Location

LITCHFIELD, IL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.