PPP Loan information for Dreisilker electric motors inc

$1,067,700

Dreisilker electric motors inc was initially approved for PPP Loan of amount $1,067,700, the current approved amount is $1,067,700. The loan was approved on 04/07/2020 by The Wheaton Bank & Trust Company, National Association reported 82 jobs and $1,067,700 was used to fund payroll.

Dreisilker electric motors inc is Existing or more than 2 years old

PPP Loan Search / IL / GLEN ELLYN / Dreisilker electric motors inc

DREISILKER ELECTRIC MOTORS INC

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DREISILKER ELECTRIC MOTORS INC

Borrower Address

352 Roosevelt Road

Borrower City

GLEN ELLYN

Borrower State

IL

Borrower Zip

60137-5646

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1067700.00

Current Approval Amount

1067700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118394

Servicing Lender Name

Wheaton Bank & Trust Company, National Association

Servicing Lender Address

100 N Wheaton Ave

Servicing Lender City

WHEATON

Servicing Lender State

IL

Servicing Lender Zip

60187-5122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLEN ELLYN

Project County Name

DUPAGE

Project State

IL

Project Zip

60137-5646

CD

IL-06

Jobs Reported

82

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

106770.00

Payroll Proceed

800775.00

Mortgage Interest Proceed

0.00

Rent Proceed

160155.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

118394

Originating Lender

Wheaton Bank & Trust Company, National Association

Originating Lender City

WHEATON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1076745.79

Forgiveness Date

02/17/2021

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