PPP Loan information for A and c electric company inc.

$304,165

A and c electric company inc. was initially approved for PPP Loan of amount $304,165, the current approved amount is $304,165. The loan was approved on 02/10/2021 by The Barrington Bank & Trust Company, National Association reported 11 jobs and $304,165 was used to fund payroll.

A and c electric company inc. is Existing or more than 2 years old

A AND C ELECTRIC COMPANY INC.

Date Approved

02/10/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

A AND C ELECTRIC COMPANY INC.

Borrower Address

704 W Algonquin Rd

Borrower City

Arlington Heights

Borrower State

IL

Borrower Zip

60005-4416

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

304165.00

Current Approval Amount

304165.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121149

Servicing Lender Name

Barrington Bank & Trust Company, National Association

Servicing Lender Address

201 S Hough St

Servicing Lender City

BARRINGTON

Servicing Lender State

IL

Servicing Lender Zip

60010-4321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Arlington Heights

Project County Name

COOK

Project State

IL

Project Zip

60005-4416

CD

IL-08

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

304165.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

121149

Originating Lender

Barrington Bank & Trust Company, National Association

Originating Lender City

BARRINGTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

306682.81

Forgiveness Date

12/14/2021

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