PPP Loan information for Block electric co. inc.

$2,000,000

Block electric co. inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/28/2021 by The BMO Harris Bank National Association reported 159 jobs and $2,000,000 was used to fund payroll.

Block electric co. inc. is Existing or more than 2 years old

PPP Loan Search / IL / Niles / Block electric co. inc.

BLOCK ELECTRIC CO. INC.

Date Approved

01/28/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BLOCK ELECTRIC CO. INC.

Borrower Address

7107 N Milwaukee Ave

Borrower City

Niles

Borrower State

IL

Borrower Zip

60714-4424

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Niles

Project County Name

COOK

Project State

IL

Project Zip

60714-4424

CD

IL-09

Jobs Reported

159

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2013698.63

Forgiveness Date

10/20/2021

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