ACADEMY CORP. OF THE QUAD CITIES (IL) - 2020 PPP Loan Borrower Profile (# 5242807004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACADEMY CORP. OF THE QUAD CITIES. 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

5242807004

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$6,600

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$6,650.6

Date Loan was Forgiven

Jan 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

6,600

Lender

Quad City Bank and Trust Company

Business Detail

Business Type

Corporation

NAICS

711120

Borrower Location

MOLINE, IL

Project Location

MOLINE, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.