ACCU-CUT DIAMOND BORE SIZING SYSTEMS INC. (IL) - 2020 PPP Loan Borrower Profile (# 2115248503)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACCU-CUT DIAMOND BORE SIZING SYSTEMS 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

2115248503

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$191,662

Date Loan was Approved

Feb 19, 2021

Amount Forgiven

$194,056.82

Date Loan was Forgiven

May 31, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

191,660

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

333515

Borrower Location

Norridge, IL

Project Location

Norridge, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.