ABBATE SCREW PRODUCTS INC. (IL) - 2020 PPP Loan Borrower Profile (# 2046168302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABBATE SCREW PRODUCTS 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

2046168302

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$846,702.44

Date Loan was Approved

Jan 20, 2021

Amount Forgiven

$854,158.13

Date Loan was Forgiven

Jan 3, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

846,697.44

Lender

Grand Ridge National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

332721

Borrower Location

Roselle, IL

Project Location

Roselle, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.