A&S MACHINING AND WELDING INC (IL) - 2020 PPP Loan Borrower Profile (# 1256257400)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A&S MACHINING AND WELDING 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

1256257400

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$310,070.98

Date Loan was Approved

May 4, 2020

Amount Forgiven

$312,491.26

Date Loan was Forgiven

Feb 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

310,070.98

Lender

First American Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

333992

Borrower Location

McCook, IL

Project Location

McCook, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.