ADVANTAGE AUTOMATION MIDWEST, INC (IL) - 2020 PPP Loan Borrower Profile (# 4711597001)

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

4711597001

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$124,200

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$125,100.54

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

15,525

Payroll Proced

93,150

Rent Proceed

15,525

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.