PPP Loan information for Smc electrical corporation

$1,201,767

Smc electrical corporation was initially approved for PPP Loan of amount $1,201,767, the current approved amount is $1,201,767. The loan was approved on 04/30/2020 by The The Northern Trust Company reported 39 jobs and $1,201,767 was used to fund payroll.

Smc electrical corporation is Existing or more than 2 years old

PPP Loan Search / IL / ELK GROVE VILLAGE / Smc electrical corporation

SMC ELECTRICAL CORPORATION

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SMC ELECTRICAL CORPORATION

Borrower Address

185 S LIVELY BLVD

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-1620

Loan Status Date

06/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1201767.00

Current Approval Amount

1201767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21037

Servicing Lender Name

The Northern Trust Company

Servicing Lender Address

50 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-1008

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-1620

CD

IL-03

Jobs Reported

39

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1201767.00

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

21037

Originating Lender

The Northern Trust Company

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1214252.02

Forgiveness Date

05/21/2021

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