PPP Loan information for Remco electrical corporation

$223,200

Remco electrical corporation was initially approved for PPP Loan of amount $223,200, the current approved amount is $223,200. The loan was approved on 04/09/2020 by The Busey Bank reported 16 jobs and $223,200 was used to fund payroll.

Remco electrical corporation is Unanswered

PPP Loan Search / IL / CHAMPAIGN / Remco electrical corporation

REMCO ELECTRICAL CORPORATION

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

REMCO ELECTRICAL CORPORATION

Borrower Address

903 Francis Dr

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61820

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223200.00

Current Approval Amount

223200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61820-0001

CD

IL-13

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

167400.00

Mortgage Interest Proceed

0.00

Rent Proceed

55800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

224539.20

Forgiveness Date

11/24/2020

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