ABILITIES PLUS (IL) - 2020 PPP Loan Borrower Profile (# 3740987201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABILITIES PLUS. 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

3740987201

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$278,252.5

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$279,806.08

Date Loan was Forgiven

Nov 25, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

278,252.5

Lender

Peoples National Bank of Kewanee

Business Detail

Business Type

Non-Profit Organization

NAICS

623210

Borrower Location

KEWANEE, IL

Project Location

KEWANEE, IL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.