A.J.R. INDUSTRIES INC (IL) - 2020 PPP Loan Borrower Profile (# 5398427004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A.J.R. INDUSTRIES 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

5398427004

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$725,000

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$729,490.97

Date Loan was Forgiven

Nov 20, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

50,000

Payroll Proced

615,000

Rent Proceed

60,000

Lender

Itasca Bank & Trust Co.

Business Detail

Business Type

Corporation

NAICS

331512

Borrower Location

ELK GROVE VILLAGE, IL

Project Location

ELK GROVE VILLAGE, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.