ADVANTAGE CONSTRUCTION (IL) - 2020 PPP Loan Borrower Profile (# 8580247303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE CONSTRUCTION. 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

8580247303

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$11,630

Date Loan was Approved

May 1, 2020

Amount Forgiven

$11,709.47

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,453

Payroll Proced

8,724

Mortgage Interest Proceed

1,453

Lender

Bank & Trust Company

Business Detail

Business Type

Sole Proprietorship

NAICS

236220

Borrower Location

LITCHFIELD, IL

Project Location

LITCHFIELD, 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.