ABLE HANDS CARPENTRY INC (IL) - 2020 PPP Loan Borrower Profile (# 1386278008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABLE HANDS CARPENTRY 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

1386278008

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$5,700

Date Loan was Approved

Jun 22, 2020

Amount Forgiven

$5,737.68

Date Loan was Forgiven

Feb 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

712.5

Payroll Proced

4,275

Mortgage Interest Proceed

712.5

Lender

German-American State Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238350

Borrower Location

DAVIS, IL

Project Location

DAVIS, IL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.