PPP Loan information for Steiner electric company

$6,090,670

Steiner electric company was initially approved for PPP Loan of amount $6,090,670, the current approved amount is $6,090,670. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 449 jobs and $6,090,670 was used to fund payroll.

Steiner electric company is New Business or 2 years or less

PPP Loan Search / IL / ELK GROVE VILLAGE / Steiner electric company

STEINER ELECTRIC COMPANY

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

STEINER ELECTRIC COMPANY

Borrower Address

1250 TOUHY AVE

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-5302

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6090670.00

Current Approval Amount

6090670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-5302

CD

IL-03

Jobs Reported

449

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6090670.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5876713.17

Forgiveness Date

12/23/2021

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