ABA MIDWEST EDUCATION LTD (IL) - 2020 PPP Loan Borrower Profile (# 7354487008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABA MIDWEST EDUCATION LTD. 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

7354487008

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$165,790

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$168,115.67

Date Loan was Forgiven

Sep 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

13,816

Payroll Proced

124,343

Mortgage Interest Proceed

13,816

Rent Proceed

13,815

Lender

Beverly Bank & Trust Company, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

621340

Borrower Location

CHICAGO, IL

Project Location

CHICAGO, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.