A & D ELECTRICAL SUPPLY, INC (IL) - 2020 PPP Loan Borrower Profile (# 6895917004)

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

6895917004

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$69,967.5

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$70,503.92

Date Loan was Forgiven

Jan 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,810.5

Payroll Proced

55,974

Rent Proceed

8,183

Lender

The Litchfield National Bank

Business Detail

Business Type

Corporation

NAICS

423610

Borrower Location

LITCHFIELD, IL

Project Location

LITCHFIELD, IL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.