PPP Loan information for Cinco electric inc

$270,000

Cinco electric inc was initially approved for PPP Loan of amount $270,000, the current approved amount is $270,000. The loan was approved on 01/21/2021 by The Old National Bank reported 9 jobs and $270,000 was used to fund payroll.

Cinco electric inc is Existing or more than 2 years old

CINCO ELECTRIC INC

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CINCO ELECTRIC INC

Borrower Address

834 S Arthur Ave

Borrower City

Arlington Heights

Borrower State

IL

Borrower Zip

60005-2828

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

270000.00

Current Approval Amount

270000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington Heights

Project County Name

COOK

Project State

IL

Project Zip

60005-2828

CD

IL-05

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

269999.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

271320.00

Forgiveness Date

07/19/2021

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