PPP Loan information for Indicom electric company

$255,000

Indicom electric company was initially approved for PPP Loan of amount $255,000, the current approved amount is $255,000. The loan was approved on 04/05/2020 by The First Secure Community Bank reported 15 jobs and $255,000 was used to fund payroll.

Indicom electric company is Existing or more than 2 years old

PPP Loan Search / IL / JOLIET / Indicom electric company

INDICOM ELECTRIC COMPANY

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INDICOM ELECTRIC COMPANY

Borrower Address

1026 Moen Avenue

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60436

Loan Status Date

05/24/2023

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

255000.00

Current Approval Amount

255000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124397

Servicing Lender Name

First Secure Community Bank

Servicing Lender Address

670 N Sugar Grove Pkwy Rte 47

Servicing Lender City

Sugar Grove

Servicing Lender State

IL

Servicing Lender Zip

60554

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60436-1000

CD

IL-14

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

205000.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124397

Originating Lender

First Secure Community Bank

Originating Lender City

Sugar Grove

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

254017.85

Forgiveness Date

03/11/2021

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