PPP Loan information for Kennedy-webster electric company

$182,400

Kennedy-webster electric company was initially approved for PPP Loan of amount $182,400, the current approved amount is $182,400. The loan was approved on 04/07/2020 by The Cornerstone National Bank & Trust Company reported 15 jobs and $182,400 was used to fund payroll.

Kennedy-webster electric company is Existing or more than 2 years old

PPP Loan Search / IL / DOWNERS GROVE / Kennedy-webster electric company

KENNEDY-WEBSTER ELECTRIC COMPANY

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

KENNEDY-WEBSTER ELECTRIC COMPANY

Borrower Address

5225 Walnut Avenue

Borrower City

DOWNERS GROVE

Borrower State

IL

Borrower Zip

60515-4025

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182400.00

Current Approval Amount

182400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOWNERS GROVE

Project County Name

DUPAGE

Project State

IL

Project Zip

60515-4025

CD

IL-06

Jobs Reported

15

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9120.00

Payroll Proceed

145920.00

Mortgage Interest Proceed

9120.00

Rent Proceed

18240.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

173372.14

Forgiveness Date

11/05/2020

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