ACOSTA FENCE CORPORATION (IL) - 2020 PPP Loan Borrower Profile (# 8032547004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACOSTA FENCE CORPORATION. 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

8032547004

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$137,443.9

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$138,238.02

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

13,744.38

Payroll Proced

103,082.93

Mortgage Interest Proceed

20,616.59

Lender

Grundy Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238990

Borrower Location

MORRIS, IL

Project Location

MORRIS, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.