PPP Loan information for Pro electric, inc.

$1,146,352

Pro electric, inc. was initially approved for PPP Loan of amount $1,146,352, the current approved amount is $1,146,352. The loan was approved on 04/11/2020 by The First American Bank reported 42 jobs and $1,146,352 was used to fund payroll.

Pro electric, inc. is Existing or more than 2 years old

PRO ELECTRIC, INC.

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

PRO ELECTRIC, INC.

Borrower Address

21500 W 6 Mile Road

Borrower City

FRANKSVILLE

Borrower State

WI

Borrower Zip

53126-9722

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1146352.11

Current Approval Amount

1146352.11

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKSVILLE

Project County Name

RACINE

Project State

WI

Project Zip

53126-9722

CD

WI-01

Jobs Reported

42

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1146352.11

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1159025.67

Forgiveness Date

05/21/2021

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