ADVANTAGE AUTOMATION MIDWEST INC (IL) - 2020 PPP Loan Borrower Profile (# 2295368304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE AUTOMATION MIDWEST 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

2295368304

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$124,212

Date Loan was Approved

Jan 20, 2021

Amount Forgiven

$125,002.13

Date Loan was Forgiven

Sep 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

124,209

Lender

First Mid Bank & Trust, National Association

Business Detail

Business Type

Corporation

NAICS

333517

Borrower Location

Hamilton, IL

Project Location

Hamilton, IL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.