PPP Loan information for Nehring electrical works company

$1,336,500

Nehring electrical works company was initially approved for PPP Loan of amount $1,336,500, the current approved amount is $1,336,500. The loan was approved on 04/08/2020 by The Wintrust Bank, National Association reported 118 jobs and $1,336,500 was used to fund payroll.

Nehring electrical works company is Existing or more than 2 years old

NEHRING ELECTRICAL WORKS COMPANY

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NEHRING ELECTRICAL WORKS COMPANY

Borrower Address

1005 E Locust Street

Borrower City

DEKALB

Borrower State

IL

Borrower Zip

60115-3967

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1336500.00

Current Approval Amount

1336500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DEKALB

Project County Name

DEKALB

Project State

IL

Project Zip

60115-3967

CD

IL-14

Jobs Reported

118

NAICS Code

331110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

167062.50

Payroll Proceed

1002375.00

Mortgage Interest Proceed

0.00

Rent Proceed

167062.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1351906.88

Forgiveness Date

06/11/2021

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