PPP Loan information for Glaenzer electric, inc

$314,100

Glaenzer electric, inc was initially approved for PPP Loan of amount $314,100, the current approved amount is $314,100. The loan was approved on 04/09/2020 by The Bank of Belleville reported 18 jobs and $314,100 was used to fund payroll.

Glaenzer electric, inc is Existing or more than 2 years old

PPP Loan Search / IL / BELLEVILLE / Glaenzer electric, inc

GLAENZER ELECTRIC, INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GLAENZER ELECTRIC, INC

Borrower Address

10 EMPIRE DR

Borrower City

BELLEVILLE

Borrower State

IL

Borrower Zip

62220-3415

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314100.00

Current Approval Amount

314100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436785

Servicing Lender Name

Bank of Belleville

Servicing Lender Address

215 S Illinois St

Servicing Lender City

BELLEVILLE

Servicing Lender State

IL

Servicing Lender Zip

62220-2131

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLEVILLE

Project County Name

SAINT CLAIR

Project State

IL

Project Zip

62220-3415

CD

IL-13

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2427.00

Payroll Proceed

300933.00

Mortgage Interest Proceed

0.00

Rent Proceed

10740.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

436785

Originating Lender

Bank of Belleville

Originating Lender City

BELLEVILLE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

316724.67

Forgiveness Date

02/17/2021

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