ABET INDUSTRIES CORPORATION (IL) - 2020 PPP Loan Borrower Profile (# 7841437110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABET INDUSTRIES CORPORATION. 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

7841437110

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$53,750

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$54,466.67

Date Loan was Forgiven

Aug 23, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

53,750

Lender

Fifth Third Bank

Business Detail

Business Type

Corporation

NAICS

332710

Borrower Location

LAGRANGE PARK, IL

Project Location

LAGRANGE PARK, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.