PPP Loan information for Penco electric inc

$84,500

Penco electric inc was initially approved for PPP Loan of amount $84,500, the current approved amount is $84,500. The loan was approved on 04/04/2020 by The Signature Bank reported 10 jobs and $84,500 was used to fund payroll.

Penco electric inc is Existing or more than 2 years old

PPP Loan Search / IL / NILES / Penco electric inc

PENCO ELECTRIC INC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PENCO ELECTRIC INC

Borrower Address

7133 AUSTIN AVE

Borrower City

NILES

Borrower State

IL

Borrower Zip

60714-4617

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84500.00

Current Approval Amount

84500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

442348

Servicing Lender Name

Signature Bank

Servicing Lender Address

9450 W Bryn Mawr Ave, Ste 300

Servicing Lender City

ROSEMONT

Servicing Lender State

IL

Servicing Lender Zip

60018-5248

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NILES

Project County Name

COOK

Project State

IL

Project Zip

60714-4617

CD

IL-05

Jobs Reported

10

NAICS Code

335312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

84500.00

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

442348

Originating Lender

Signature Bank

Originating Lender City

ROSEMONT

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85464.71

Forgiveness Date

05/26/2021

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