PPP Loan information for Kalish electric co.

$288,000

Kalish electric co. was initially approved for PPP Loan of amount $288,000, the current approved amount is $288,000. The loan was approved on 01/23/2021 by The Itasca Bank & Trust Co. reported 12 jobs and $288,000 was used to fund payroll.

Kalish electric co. is Existing or more than 2 years old

KALISH ELECTRIC CO.

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

KALISH ELECTRIC CO.

Borrower Address

504 Lunt Ave

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60193-4450

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

288000.00

Current Approval Amount

288000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21562

Servicing Lender Name

Itasca Bank & Trust Co.

Servicing Lender Address

308 W Irving Park Rd

Servicing Lender City

ITASCA

Servicing Lender State

IL

Servicing Lender Zip

60143-2038

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Schaumburg

Project County Name

COOK

Project State

IL

Project Zip

60193-4450

CD

IL-08

Jobs Reported

12

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

287998.00

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

21562

Originating Lender

Itasca Bank & Trust Co.

Originating Lender City

ITASCA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

290160.00

Forgiveness Date

10/26/2021

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