PPP Loan information for Springfield electric supply company

$5,872,500

Springfield electric supply company was initially approved for PPP Loan of amount $5,872,500, the current approved amount is $5,872,500. The loan was approved on 04/06/2020 by The Bank of Springfield reported 354 jobs and $5,872,500 was used to fund payroll.

Springfield electric supply company is Existing or more than 2 years old

PPP Loan Search / IL / SPRINGFIELD / Springfield electric supply company

SPRINGFIELD ELECTRIC SUPPLY COMPANY

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SPRINGFIELD ELECTRIC SUPPLY COMPANY

Borrower Address

700 9TH ST

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62702-6307

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5872500.00

Current Approval Amount

5872500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22586

Servicing Lender Name

Bank of Springfield

Servicing Lender Address

2600 Stevenson Dr

Servicing Lender City

SPRINGFIELD

Servicing Lender State

IL

Servicing Lender Zip

62703-4328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62702-6307

CD

IL-13

Jobs Reported

354

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5872500.00

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

22586

Originating Lender

Bank of Springfield

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5941200.21

Forgiveness Date

06/16/2021

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