ABC TRANSPORTATION SERVICES, INC. (IL) - 2020 PPP Loan Borrower Profile (# 1635317710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABC TRANSPORTATION SERVICES, 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

1635317710

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$250,000

Date Loan was Approved

May 1, 2020

Amount Forgiven

$239,520.28

Date Loan was Forgiven

Nov 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

180,000

Mortgage Interest Proceed

10,000

Rent Proceed

30,000

Health Care Proceed

20,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

485510

Borrower Location

Park Ridge, IL

Project Location

Park Ridge, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.