ADDIE SPENCE (IL) - 2020 PPP Loan Borrower Profile (# 5081238603)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADDIE SPENCE. 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

5081238603

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$22,842

Date Loan was Approved

Mar 20, 2021

Amount Forgiven

$22,987.81

Date Loan was Forgiven

Nov 10, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

22,840

Lender

Bank of America, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

624410

Borrower Location

Maywood, IL

Project Location

Maywood, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.