ABSHER HOLDING CO, INC (IL) - 2020 PPP Loan Borrower Profile (# 4572717010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSHER HOLDING CO, 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

4572717010

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$241,800

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$243,913.27

Date Loan was Forgiven

Mar 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,023.5

Payroll Proced

193,468

Rent Proceed

46,308.5

Lender

Farmers State Bank of Alto Pass, Illinois

Business Detail

Business Type

Corporation

NAICS

441110

Borrower Location

MARION, IL

Project Location

MARION, IL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.