PPP Loan information for Gordon electric supply, inc.

$655,311

Gordon electric supply, inc. was initially approved for PPP Loan of amount $655,311, the current approved amount is $655,311. The loan was approved on 04/07/2020 by The First American Bank reported 55 jobs and $655,311 was used to fund payroll.

Gordon electric supply, inc. is Existing or more than 2 years old

GORDON ELECTRIC SUPPLY, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GORDON ELECTRIC SUPPLY, INC.

Borrower Address

1290 N Hobbie

Borrower City

KANKAKEE

Borrower State

IL

Borrower Zip

60901

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

655311.00

Current Approval Amount

655311.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KANKAKEE

Project County Name

KANKAKEE

Project State

IL

Project Zip

60901-0001

CD

IL-02

Jobs Reported

55

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

655311.00

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

659861.77

Forgiveness Date

12/17/2020

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