PPP Loan information for M.g. electric service company

$314,500

M.g. electric service company was initially approved for PPP Loan of amount $314,500, the current approved amount is $314,500. The loan was approved on 04/27/2020 by The BMO Harris Bank National Association reported 14 jobs and $314,500 was used to fund payroll.

M.g. electric service company is Unanswered

PPP Loan Search / IL / ARLINGTON HEIGHTS / M.g. electric service company

M.G. ELECTRIC SERVICE COMPANY

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

M.G. ELECTRIC SERVICE COMPANY

Borrower Address

1450 East Algonquin Road

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60005

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314500.00

Current Approval Amount

314500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60005-1000

CD

IL-08

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

314500.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

293372.06

Forgiveness Date

06/09/2021

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