PPP Loan information for J hamilton electric co inc

$350,000

J hamilton electric co inc was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 02/14/2021 by The First American Bank reported 10 jobs and $350,000 was used to fund payroll.

J hamilton electric co inc is Existing or more than 2 years old

J HAMILTON ELECTRIC CO INC

Date Approved

02/14/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

J HAMILTON ELECTRIC CO INC

Borrower Address

1331 Jarvis Ave

Borrower City

Elk Grove Village

Borrower State

IL

Borrower Zip

60007-2303

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

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

Elk Grove Village

Project County Name

COOK

Project State

IL

Project Zip

60007-2303

CD

IL-03

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

349996.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

352119.44

Forgiveness Date

09/29/2021

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