PPP Loan information for All industrial electric inc.

$419,000

All industrial electric inc. was initially approved for PPP Loan of amount $419,000, the current approved amount is $419,000. The loan was approved on 01/22/2021 by The Union National Bank reported 33 jobs and $419,000 was used to fund payroll.

All industrial electric inc. is Existing or more than 2 years old

PPP Loan Search / IL / Schaumburg / All industrial electric inc.

ALL INDUSTRIAL ELECTRIC INC.

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ALL INDUSTRIAL ELECTRIC INC.

Borrower Address

432 E State Pkwy

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60173-6409

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

419000.00

Current Approval Amount

419000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Schaumburg

Project County Name

COOK

Project State

IL

Project Zip

60173-6409

CD

IL-08

Jobs Reported

33

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

418997.00

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

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

422980.50

Forgiveness Date

01/11/2022

;