ACT PROFESSIIONAL SERVICES, INC (IL) - 2020 PPP Loan Borrower Profile (# 7978047003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACT PROFESSIIONAL SERVICES, 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

7978047003

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$23,359

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$23,538.73

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

17,519.25

Mortgage Interest Proceed

5,839.75

Lender

Schaumburg Bank & Trust Company, National Association

Business Detail

Business Type

Corporation

NAICS

541219

Borrower Location

VILLA PARK, IL

Project Location

VILLA PARK, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.