PPP Loan information for Gts electric inc.

$302,900

Gts electric inc. was initially approved for PPP Loan of amount $302,900, the current approved amount is $302,900. The loan was approved on 04/14/2020 by The Union National Bank reported 11 jobs and $302,900 was used to fund payroll.

Gts electric inc. is Unanswered

GTS ELECTRIC INC.

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GTS ELECTRIC INC.

Borrower Address

807 Estes Ave.

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60193

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302900.00

Current Approval Amount

302900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60193-1000

CD

IL-08

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

302900.00

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

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306273.97

Forgiveness Date

05/21/2021

;