PPP Loan information for Benson electrical contracting inc.

$424,955

Benson electrical contracting inc. was initially approved for PPP Loan of amount $424,955, the current approved amount is $424,955. The loan was approved on 01/26/2021 by The Home State Bank, National Association reported 15 jobs and $424,955 was used to fund payroll.

Benson electrical contracting inc. is Existing or more than 2 years old

PPP Loan Search / IL / Crystal Lake / Benson electrical contracting inc.

BENSON ELECTRICAL CONTRACTING INC.

Date Approved

01/26/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BENSON ELECTRICAL CONTRACTING INC.

Borrower Address

371 E Prairie St Unit G

Borrower City

Crystal Lake

Borrower State

IL

Borrower Zip

60014-4412

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

424955.00

Current Approval Amount

424955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21163

Servicing Lender Name

Home State Bank, National Association

Servicing Lender Address

40 Grant St

Servicing Lender City

CRYSTAL LAKE

Servicing Lender State

IL

Servicing Lender Zip

60014-4314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crystal Lake

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-4412

CD

IL-11

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

424951.00

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

Corporation

Originating Lender Location Id

21163

Originating Lender

Home State Bank, National Association

Originating Lender City

CRYSTAL LAKE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

429098.31

Forgiveness Date

01/13/2022

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