PPP Loan information for Outsen electric incorporated

$223,000

Outsen electric incorporated was initially approved for PPP Loan of amount $223,000, the current approved amount is $223,000. The loan was approved on 04/05/2020 by The Peoples Bank of Kankakee County reported 26 jobs and $223,000 was used to fund payroll.

Outsen electric incorporated is Existing or more than 2 years old

PPP Loan Search / IL / KANKAKEE / Outsen electric incorporated

OUTSEN ELECTRIC INCORPORATED

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OUTSEN ELECTRIC INCORPORATED

Borrower Address

831 W. River Place

Borrower City

KANKAKEE

Borrower State

IL

Borrower Zip

60901-2936

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223000.00

Current Approval Amount

223000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21603

Servicing Lender Name

Peoples Bank of Kankakee County

Servicing Lender Address

315 Main St NW

Servicing Lender City

BOURBONNAIS

Servicing Lender State

IL

Servicing Lender Zip

60914-2428

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KANKAKEE

Project County Name

KANKAKEE

Project State

IL

Project Zip

60901-2936

CD

IL-02

Jobs Reported

26

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

223000.00

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

21603

Originating Lender

Peoples Bank of Kankakee County

Originating Lender City

BOURBONNAIS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

224228.03

Forgiveness Date

11/03/2020

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