AFFILIATED STEAM EQUIPMENT CO (IL) - 2020 PPP Loan Borrower Profile (# 2045218400)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AFFILIATED STEAM EQUIPMENT CO. 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

2045218400

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$748,617

Date Loan was Approved

Feb 3, 2021

Amount Forgiven

$756,727.02

Date Loan was Forgiven

Mar 3, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

748,615

Lender

PNC Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

423720

Borrower Location

Alsip, IL

Project Location

Alsip, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.