PPP Loan information for Erickson electrical equipment co.

$270,000

Erickson electrical equipment co. was initially approved for PPP Loan of amount $270,000, the current approved amount is $270,000. The loan was approved on 04/14/2020 by The Time Bank reported 19 jobs and $270,000 was used to fund payroll.

Erickson electrical equipment co. is Existing or more than 2 years old

PPP Loan Search / IL / ELK GROVE VILLAGE / Erickson electrical equipment co.

ERICKSON ELECTRICAL EQUIPMENT CO.

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ERICKSON ELECTRICAL EQUIPMENT CO.

Borrower Address

475 BONNIE LN

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-1907

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270000.00

Current Approval Amount

270000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119627

Servicing Lender Name

Time Bank

Servicing Lender Address

626 Talcott Rd

Servicing Lender City

PARK RIDGE

Servicing Lender State

IL

Servicing Lender Zip

60068-4721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-1907

CD

IL-03

Jobs Reported

19

NAICS Code

333613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

270000.00

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

119627

Originating Lender

Time Bank

Originating Lender City

PARK RIDGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

272377.50

Forgiveness Date

03/05/2021

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