ADVANCED CRANE TECHNICIANS INC (IL) - 2020 PPP Loan Borrower Profile (# 2152788609)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED CRANE TECHNICIANS 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

2152788609

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$282,335

Date Loan was Approved

Mar 13, 2021

Amount Forgiven

$284,178.02

Date Loan was Forgiven

Nov 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

282,335

Lender

German-American State Bank

Business Detail

Business Type

Corporation

NAICS

238290

Borrower Location

Durand, IL

Project Location

Durand, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.