ABC INSULATION INC (IL) - 2020 PPP Loan Borrower Profile (# 3218388300)

Updated on April 18, 2025.

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

3218388300

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$146,244.37

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$146,837.47

Date Loan was Forgiven

Jun 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

146,243.37

Lender

American Commercial Bank & Trust, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

238990

Borrower Location

Ottawa, IL

Project Location

Ottawa, IL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.