AAIC, INC. (IL) - 2020 PPP Loan Borrower Profile (# 4567947004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AAIC, 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

4567947004

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$134,500

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$135,915.99

Date Loan was Forgiven

Apr 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

16,812.5

Payroll Proced

100,875

Mortgage Interest Proceed

16,812.5

Lender

First Mid Bank & Trust, National Association

Business Detail

Business Type

Corporation

NAICS

541410

Borrower Location

COLLINSVILLE, IL

Project Location

COLLINSVILLE, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.