ABEL LLC (IL) - 2020 PPP Loan Borrower Profile (# 7235948400)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABEL LLC. 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

7235948400

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$6,318

Date Loan was Approved

Feb 11, 2021

Amount Forgiven

$6,361.79

Date Loan was Forgiven

Oct 29, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

6,313

Lender

Bank of Hillsboro, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722410

Borrower Location

Taylor Springs, IL

Project Location

Taylor Springs, 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.