AAA ELECTRIC CONTRACTING CO. (IL) - 2020 PPP Loan Borrower Profile (# 1240027407)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AAA ELECTRIC CONTRACTING CO.. 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

1240027407

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$20,000

Date Loan was Approved

May 4, 2020

Amount Forgiven

$20,206.11

Date Loan was Forgiven

May 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

20,000

Lender

WebBank

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

Niles, IL

Project Location

Niles, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.