PPP Loan information for Closs electric company inc.

$112,500

Closs electric company inc. was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/15/2020 by The Regions Bank reported 10 jobs and $112,500 was used to fund payroll.

Closs electric company inc. is Existing or more than 2 years old

PPP Loan Search / IL / Decatur / Closs electric company inc.

CLOSS ELECTRIC COMPANY INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CLOSS ELECTRIC COMPANY INC.

Borrower Address

4246 West Main St,

Borrower City

Decatur

Borrower State

IL

Borrower Zip

62522-1131

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

MACON

Project State

IL

Project Zip

62522-1131

CD

IL-15

Jobs Reported

10

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

112500.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113692.81

Forgiveness Date

05/17/2021

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