PPP Loan information for Sharlen electric co.

$1,806,957

Sharlen electric co. was initially approved for PPP Loan of amount $1,806,957, the current approved amount is $1,806,957. The loan was approved on 01/25/2021 by The Beverly Bank & Trust Company, National Association reported 82 jobs and $1,806,957 was used to fund payroll.

Sharlen electric co. is Existing or more than 2 years old

PPP Loan Search / IL / Chicago / Sharlen electric co.

SHARLEN ELECTRIC CO.

Date Approved

01/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SHARLEN ELECTRIC CO.

Borrower Address

9101 S Baltimore Ave

Borrower City

Chicago

Borrower State

IL

Borrower Zip

60617-4417

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1806957.00

Current Approval Amount

1806957.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

377941

Servicing Lender Name

Beverly Bank & Trust Company, National Association

Servicing Lender Address

10258 S Western Ave

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60643-1948

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chicago

Project County Name

COOK

Project State

IL

Project Zip

60617-4417

CD

IL-02

Jobs Reported

82

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1806952.00

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

377941

Originating Lender

Beverly Bank & Trust Company, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1820107.63

Forgiveness Date

10/25/2021

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