PPP Loan information for Northern illinois electric inc.

$88,500

Northern illinois electric inc. was initially approved for PPP Loan of amount $88,500, the current approved amount is $88,500. The loan was approved on 01/25/2021 by The Heartland Bank and Trust Company reported 6 jobs and $88,500 was used to fund payroll.

Northern illinois electric inc. is Existing or more than 2 years old

PPP Loan Search / IL / Waukegan / Northern illinois electric inc.

NORTHERN ILLINOIS ELECTRIC INC.

Date Approved

01/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

NORTHERN ILLINOIS ELECTRIC INC.

Borrower Address

120 Le Baron St

Borrower City

Waukegan

Borrower State

IL

Borrower Zip

60085-3027

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88500.00

Current Approval Amount

88500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20402

Servicing Lender Name

Heartland Bank and Trust Company

Servicing Lender Address

401 N Hershey Rd

Servicing Lender City

BLOOMINGTON

Servicing Lender State

IL

Servicing Lender Zip

61704-3742

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waukegan

Project County Name

LAKE

Project State

IL

Project Zip

60085-3027

CD

IL-10

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

88498.00

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

20402

Originating Lender

Heartland Bank and Trust Company

Originating Lender City

BLOOMINGTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88883.50

Forgiveness Date

07/08/2021

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