ADDED INCENTIVES INC (IL) - 2020 PPP Loan Borrower Profile (# 6279197009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADDED INCENTIVES 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

6279197009

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$68,800

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$69,126.8

Date Loan was Forgiven

Oct 13, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

68,800

Lender

American Community Bank & Trust

Business Detail

Business Type

Corporation

NAICS

541870

Borrower Location

NORTHBROOK, IL

Project Location

NORTHBROOK, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.