ADL HEATING & AIR CONDITIONING, INC. (IL) - 2020 PPP Loan Borrower Profile (# 5974087008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADL HEATING & AIR CONDITIONING, 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

5974087008

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$67,500

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$67,990.07

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

67,500

Lender

Peoples Bank of Kankakee County

Business Detail

Business Type

Subchapter S Corporation

NAICS

238220

Borrower Location

CHEBANSE, IL

Project Location

CHEBANSE, IL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.