PPP Loan information for Maron electric company

$2,000,000

Maron electric company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/14/2021 by The Wheaton Bank & Trust Company, National Association reported 175 jobs and $2,000,000 was used to fund payroll.

Maron electric company is Existing or more than 2 years old

MARON ELECTRIC COMPANY

Date Approved

02/14/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MARON ELECTRIC COMPANY

Borrower Address

5401 Fargo Ave

Borrower City

Skokie

Borrower State

IL

Borrower Zip

60077-3211

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118394

Servicing Lender Name

Wheaton Bank & Trust Company, National Association

Servicing Lender Address

100 N Wheaton Ave

Servicing Lender City

WHEATON

Servicing Lender State

IL

Servicing Lender Zip

60187-5122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Skokie

Project County Name

COOK

Project State

IL

Project Zip

60077-3211

CD

IL-09

Jobs Reported

175

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Corporation

Originating Lender Location Id

118394

Originating Lender

Wheaton Bank & Trust Company, National Association

Originating Lender City

WHEATON

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2008777.78

Forgiveness Date

08/04/2021

;