ADNAN FAROOQI (IL) - 2020 PPP Loan Borrower Profile (# 4438558800)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADNAN FAROOQI. 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

4438558800

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$8,100

Date Loan was Approved

Apr 16, 2021

Amount Forgiven

$8,172.9

Date Loan was Forgiven

Mar 17, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

8,100

Lender

Heartland Bank and Trust Company

Business Detail

Business Type

Independent Contractors

NAICS

485310

Borrower Location

Hoffman Estates, IL

Project Location

Hoffman Estates, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.