ACORN WIRE & IRON WORKS, LLC (IL) - 2020 PPP Loan Borrower Profile (# 1308097207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACORN WIRE & IRON WORKS, LLC. 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

1308097207

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$128,200

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$129,474.88

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

16,025

Payroll Proced

96,150

Rent Proceed

16,025

Lender

Northbrook Bank & Trust Company, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

332323

Borrower Location

CHICAGO, IL

Project Location

CHICAGO, 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.