PPP Loan information for Alltech electric inc.

$241,000

Alltech electric inc. was initially approved for PPP Loan of amount $241,000, the current approved amount is $241,000. The loan was approved on 04/28/2020 by The First Mid Bank & Trust, National Association reported 9 jobs and $241,000 was used to fund payroll.

Alltech electric inc. is Existing or more than 2 years old

PPP Loan Search / IL / DECATUR / Alltech electric inc.

ALLTECH ELECTRIC INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ALLTECH ELECTRIC INC.

Borrower Address

1355 W. ROCK SPRINGS RD.

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62521-1111

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241000.00

Current Approval Amount

241000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62521-1111

CD

IL-13

Jobs Reported

9

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11000.00

Payroll Proceed

230000.00

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

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

243711.25

Forgiveness Date

06/11/2021

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