ADVANCED HEAT TREATING, INC. (IL) - 2020 PPP Loan Borrower Profile (# 4128577205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED HEAT TREATING, 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

4128577205

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$139,000

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$140,540.58

Date Loan was Forgiven

Jun 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

28,000

Payroll Proced

111,000

Lender

First Mid Bank and Trust National Association

Business Detail

Business Type

Corporation

NAICS

811310

Borrower Location

LOVES PARK, IL

Project Location

LOVES PARK, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.