ADHATTERS OF EFFINGHAM INC (IL) - 2020 PPP Loan Borrower Profile (# 7897547205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADHATTERS OF EFFINGHAM 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

7897547205

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$22,250

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$22,543.82

Date Loan was Forgiven

Aug 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

250

Payroll Proced

22,000

Lender

Midland States Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

812990

Borrower Location

EFFINGHAM, IL

Project Location

EFFINGHAM, IL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.