ADVANCED ELEVATOR COMPANY (IL) - 2020 PPP Loan Borrower Profile (# 9790437108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED ELEVATOR COMPANY. 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

9790437108

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$341,441

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$345,841.8

Date Loan was Forgiven

Aug 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

34,144.1

Payroll Proced

256,080.75

Rent Proceed

51,216.15

Lender

St. Charles Bank & Trust Company, National Association

Business Detail

Business Type

Corporation

NAICS

238290

Borrower Location

AURORA, IL

Project Location

AURORA, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.