ACCU-GRIND MANUFACTURING INC. (IL) - 2020 PPP Loan Borrower Profile (# 4902828302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACCU-GRIND MANUFACTURING 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

4902828302

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$49,861

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$50,056.29

Date Loan was Forgiven

Jun 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

49,861

Lender

Libertyville Bank & Trust Company, National Association

Business Detail

Business Type

Corporation

NAICS

333515

Borrower Location

Wauconda, IL

Project Location

Wauconda, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.