PPP Loan information for I m electric, incorporated

$91,615

I m electric, incorporated was initially approved for PPP Loan of amount $91,615, the current approved amount is $91,615. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $91,615 was used to fund payroll.

I m electric, incorporated is New Business or 2 years or less

PPP Loan Search / IL / PLAINFIELD / I m electric, incorporated

I M ELECTRIC, INCORPORATED

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

I M ELECTRIC, INCORPORATED

Borrower Address

10125 S MANDEL ST

Borrower City

PLAINFIELD

Borrower State

IL

Borrower Zip

60585-7112

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91615.00

Current Approval Amount

91615.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PLAINFIELD

Project County Name

WILL

Project State

IL

Project Zip

60585-7112

CD

IL-14

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

91615.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

92327.84

Forgiveness Date

02/10/2021

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