PPP Loan information for G & m electrical contractors co.

$1,972,800

G & m electrical contractors co. was initially approved for PPP Loan of amount $1,972,800, the current approved amount is $1,972,800. The loan was approved on 04/05/2020 by The Village Bank and Trust, National Association reported 65 jobs and $1,972,800 was used to fund payroll.

G & m electrical contractors co. is Existing or more than 2 years old

PPP Loan Search / IL / CHICAGO / G & m electrical contractors co.

G & M ELECTRICAL CONTRACTORS CO.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

G & M ELECTRICAL CONTRACTORS CO.

Borrower Address

1746 N. Richmond Street

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60647-5124

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1972800.00

Current Approval Amount

1972800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60647-5124

CD

IL-03

Jobs Reported

65

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

246600.00

Payroll Proceed

1479600.00

Mortgage Interest Proceed

0.00

Rent Proceed

246600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Trust

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1995870.80

Forgiveness Date

06/11/2021

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