PPP Loan information for Electrical control distributors, inc.

$268,830

Electrical control distributors, inc. was initially approved for PPP Loan of amount $268,830, the current approved amount is $268,830. The loan was approved on 04/05/2020 by The Crystal Lake Bank & Trust Company, National Association reported 18 jobs and $268,830 was used to fund payroll.

Electrical control distributors, inc. is Existing or more than 2 years old

PPP Loan Search / IL / CRYSTAL LAKE / Electrical control distributors, inc.

ELECTRICAL CONTROL DISTRIBUTORS, INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ELECTRICAL CONTROL DISTRIBUTORS, INC.

Borrower Address

1000 MEYER DR

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014-8166

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

268830.00

Current Approval Amount

268830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122557

Servicing Lender Name

Crystal Lake Bank & Trust Company, National Association

Servicing Lender Address

70 N Williams St

Servicing Lender City

CRYSTAL LAKE

Servicing Lender State

IL

Servicing Lender Zip

60014-4444

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

60014-8166

CD

IL-11

Jobs Reported

18

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26883.00

Payroll Proceed

201622.50

Mortgage Interest Proceed

0.00

Rent Proceed

40324.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122557

Originating Lender

Crystal Lake Bank & Trust Company, National Association

Originating Lender City

CRYSTAL LAKE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

271137.46

Forgiveness Date

02/19/2021

;