AB TECHNOLOGIES INC (IL) - 2020 PPP Loan Borrower Profile (# 8328128405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AB TECHNOLOGIES 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

8328128405

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$198,505

Date Loan was Approved

Feb 13, 2021

Amount Forgiven

$199,761.29

Date Loan was Forgiven

Oct 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

198,503

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

541511

Borrower Location

Libertyville, IL

Project Location

Libertyville, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.