ADVANCED MEDICAL PRACTICES (IL) - 2020 PPP Loan Borrower Profile (# 5063117406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED MEDICAL PRACTICES. 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

5063117406

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$52,387.5

Date Loan was Approved

May 11, 2020

Amount Forgiven

$53,001.8

Date Loan was Forgiven

Jul 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,548.44

Payroll Proced

39,290.62

Mortgage Interest Proceed

6,548.44

Lender

Celtic Bank Corporation

Business Detail

Business Type

Subchapter S Corporation

NAICS

621111

Borrower Location

Northbrook, IL

Project Location

Northbrook, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.