ABS HOME MORTGAGE INC DBA ABS FUNDING (IL) - 2020 PPP Loan Borrower Profile (# 1438607704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABS HOME MORTGAGE INC DBA ABS FUNDING. 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

1438607704

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$16,595

Date Loan was Approved

May 1, 2020

Amount Forgiven

$16,783.83

Date Loan was Forgiven

Jun 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,300

Payroll Proced

12,895

Mortgage Interest Proceed

2,400

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

522310

Borrower Location

NAPERVILLE, IL

Project Location

NAPERVILLE, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.