PPP Loan information for K.l. electric company, inc.

$589,487

K.l. electric company, inc. was initially approved for PPP Loan of amount $589,487, the current approved amount is $589,487. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 26 jobs and $589,487 was used to fund payroll.

K.l. electric company, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ADDISON / K.l. electric company, inc.

K.L. ELECTRIC COMPANY, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

K.L. ELECTRIC COMPANY, INC.

Borrower Address

1410 W BERNARD DR UNIT A

Borrower City

ADDISON

Borrower State

IL

Borrower Zip

60101

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

589487.00

Current Approval Amount

589487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADDISON

Project County Name

DUPAGE

Project State

IL

Project Zip

60101-0001

CD

IL-08

Jobs Reported

26

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

488583.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100904.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

595649.10

Forgiveness Date

05/21/2021

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