ADVENT TOOL AND MANUFACTURING, INC (IL) - 2020 PPP Loan Borrower Profile (# 5347197007)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADVENT TOOL AND MANUFACTURING, 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
5347197007
SBA Office Code
0507
Processing Method
PPP
Curent Loan Amount
$261,200
Date Loan was Approved
Apr 5, 2020
Amount Forgiven
$262,658.37
Date Loan was Forgiven
Nov 3, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
65,300
Payroll Proced
195,900
Lender
State Bank of the Lakes, National Association
Business Detail
Business Type
Corporation
NAICS
332999
Borrower Location
ANTIOCH, IL
Project Location
ANTIOCH, IL
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
19
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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