PPP Loan information for Premium electric services inc.

$839,200

Premium electric services inc. was initially approved for PPP Loan of amount $839,200, the current approved amount is $839,200. The loan was approved on 01/27/2021 by The Union National Bank reported 32 jobs and $839,200 was used to fund payroll.

Premium electric services inc. is Existing or more than 2 years old

PREMIUM ELECTRIC SERVICES INC.

Date Approved

01/27/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PREMIUM ELECTRIC SERVICES INC.

Borrower Address

5200 Thatcher Rd

Borrower City

Downers Grove

Borrower State

IL

Borrower Zip

60515-4053

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

839200.00

Current Approval Amount

839200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Downers Grove

Project County Name

DUPAGE

Project State

IL

Project Zip

60515-4053

CD

IL-06

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

839197.00

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

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

846985.91

Forgiveness Date

01/11/2022

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