ABC BORING CO (IL) - 2020 PPP Loan Borrower Profile (# 6594408007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABC BORING 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

6594408007

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$94,300

Date Loan was Approved

Jun 30, 2020

Amount Forgiven

$95,562.57

Date Loan was Forgiven

Dec 2, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

2,300

Payroll Proced

80,000

Rent Proceed

12,000

Lender

First Secure Community Bank

Business Detail

Business Type

Corporation

NAICS

236210

Borrower Location

FRANKFORT, IL

Project Location

FRANKFORT, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.