PPP Loan information for Austin electric inc.

$512,100

Austin electric inc. was initially approved for PPP Loan of amount $512,100, the current approved amount is $512,100. The loan was approved on 01/20/2021 by The Heartland Bank and Trust Company reported 19 jobs and $512,100 was used to fund payroll.

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

PPP Loan Search / IL / Joliet / Austin electric inc.

AUSTIN ELECTRIC INC.

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

AUSTIN ELECTRIC INC.

Borrower Address

131 Airport Dr # 1A

Borrower City

Joliet

Borrower State

IL

Borrower Zip

60431-4793

Loan Status Date

09/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

512100.00

Current Approval Amount

512100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20402

Servicing Lender Name

Heartland Bank and Trust Company

Servicing Lender Address

401 N Hershey Rd

Servicing Lender City

BLOOMINGTON

Servicing Lender State

IL

Servicing Lender Zip

61704-3742

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Joliet

Project County Name

WILL

Project State

IL

Project Zip

60431-4793

CD

IL-14

Jobs Reported

19

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

512096.00

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

20402

Originating Lender

Heartland Bank and Trust Company

Originating Lender City

BLOOMINGTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

519980.65

Forgiveness Date

08/04/2022

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