Date Approved
01/27/2021
SBA Office Code
0507
Processing Method
PPS
Borrower Name
BELEC ELECTRICAL INC
Borrower Address
350 Crossen Ave
Borrower City
Elk Grove Village
Borrower State
IL
Borrower Zip
60007-2002
Loan Status Date
02/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
559795.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
58036
Servicing Lender Name
Fifth Third Bank
Servicing Lender Address
38 Fountain Sq Plz
Servicing Lender City
CINCINNATI
Servicing Lender State
OH
Servicing Lender Zip
45263
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COOK
Project State
Project Zip
CD
IL-03
Jobs Reported
19
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
559791.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
565315.20
Forgiveness Date
01/28/2022