ACME TRUCK BRAKE & SUPPLY CO (IL) - 2020 PPP Loan Borrower Profile (# 6252937006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACME TRUCK BRAKE & SUPPLY CO. 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

6252937006

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$395,640

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$399,409.57

Date Loan was Forgiven

Mar 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

49,455

Payroll Proced

296,730

Mortgage Interest Proceed

49,455

Lender

Hinsdale Bank & Trust Company, National Association

Business Detail

Business Type

Corporation

NAICS

423120

Borrower Location

ELK GROVE VILLAGE, IL

Project Location

ELK GROVE VILLAGE, 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.