PPP Loan information for Garden electric inc.

$282,606

Garden electric inc. was initially approved for PPP Loan of amount $282,606, the current approved amount is $282,606. The loan was approved on 02/14/2021 by The Old Plank Trail Community Bank, National Association reported 10 jobs and $282,606 was used to fund payroll.

Garden electric inc. is Existing or more than 2 years old

PPP Loan Search / IL / Tinley Park / Garden electric inc.

GARDEN ELECTRIC INC.

Date Approved

02/14/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

GARDEN ELECTRIC INC.

Borrower Address

18636 W Point Dr

Borrower City

Tinley Park

Borrower State

IL

Borrower Zip

60477-4930

Loan Status Date

04/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

282606.00

Current Approval Amount

282606.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tinley Park

Project County Name

COOK

Project State

IL

Project Zip

60477-4930

CD

IL-01

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

282606.00

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

Corporation

Originating Lender Location Id

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

285518.41

Forgiveness Date

03/03/2022

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