ADH1 INC (IL) - 2020 PPP Loan Borrower Profile (# 2874888301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADH1 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
2874888301
SBA Office Code
0507
Processing Method
PPS
Curent Loan Amount
$5,294
Date Loan was Approved
Jan 21, 2021
Amount Forgiven
$5,320.03
Date Loan was Forgiven
Jul 26, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Payroll Proced
5,293
Lender
American Commercial Bank & Trust, National Association

Business Detail

Business Type
Subchapter S Corporation
NAICS
722511
Borrower Location
Grand Ridge, IL
Project Location
Grand Ridge, IL
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
2
Business Age Description
Existing or more than 2 years old
Data Source: SBA.