ABCOM TECHNOLOGY GROUP, INC. (IL) - 2020 PPP Loan Borrower Profile (# 6859147001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABCOM TECHNOLOGY GROUP, 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

6859147001

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$5,857,100

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$3,637,587.38

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

100,000

Payroll Proced

5,007,100

Rent Proceed

750,000

Lender

Western Alliance Bank

Business Detail

Business Type

Corporation

NAICS

561920

Borrower Location

ITASCA, IL

Project Location

ITASCA, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

448

Business Age Description

New Business or 2 years or less

Data Source: SBA.