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 04/08/2020 by The Beverly Bank & Trust Company, National Association reported 94 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

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SHARLEN ELECTRIC CO.

Borrower Address

9101 S. BALTIMORE AVE

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60617-4417

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

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

94

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

150580.00

Payroll Proceed

1355217.00

Mortgage Interest Proceed

0.00

Rent Proceed

150580.00

Refinance EIDL Proceed

0.00

Health Care Proceed

150580.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1821262.08

Forgiveness Date

01/27/2021

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