AFFORDABLE JIG GRINDING SERVICES, INC. (IL) - 2020 PPP Loan Borrower Profile (# 2005537401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AFFORDABLE JIG GRINDING SERVICES, 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

2005537401

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$42,190

Date Loan was Approved

May 5, 2020

Amount Forgiven

$42,579.54

Date Loan was Forgiven

Apr 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

42,190

Lender

BMO Bank National Association

Business Detail

Business Type

Corporation

NAICS

332710

Borrower Location

ARLINGTON HEIGHTS, IL

Project Location

ARLINGTON HEIGHTS, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.