PPP Loan information for Power equipment leasing company

$189,400

Power equipment leasing company was initially approved for PPP Loan of amount $189,400, the current approved amount is $189,400. The loan was approved on 01/29/2021 by The Wheaton Bank & Trust Company, National Association reported 12 jobs and $189,400 was used to fund payroll.

Power equipment leasing company is Existing or more than 2 years old

POWER EQUIPMENT LEASING COMPANY

Date Approved

01/29/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

POWER EQUIPMENT LEASING COMPANY

Borrower Address

605 Anderson Dr

Borrower City

Romeoville

Borrower State

IL

Borrower Zip

60446-1687

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

189400.00

Current Approval Amount

189400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118394

Servicing Lender Name

Wheaton Bank & Trust Company, National Association

Servicing Lender Address

100 N Wheaton Ave

Servicing Lender City

WHEATON

Servicing Lender State

IL

Servicing Lender Zip

60187-5122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Romeoville

Project County Name

WILL

Project State

IL

Project Zip

60446-1687

CD

IL-14

Jobs Reported

12

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

189400.00

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

118394

Originating Lender

Wheaton Bank & Trust Company, National Association

Originating Lender City

WHEATON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

190578.49

Forgiveness Date

09/17/2021

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