PPP Loan information for Timm electric inc.

$210,935

Timm electric inc. was initially approved for PPP Loan of amount $210,935, the current approved amount is $210,935. The loan was approved on 05/01/2020 by The Customers Bank reported 16 jobs and $210,935 was used to fund payroll.

Timm electric inc. is Existing or more than 2 years old

TIMM ELECTRIC INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TIMM ELECTRIC INC.

Borrower Address

17832 Mills Road

Borrower City

Joliet

Borrower State

IL

Borrower Zip

60433

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

210935.00

Current Approval Amount

210935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Joliet

Project County Name

WILL

Project State

IL

Project Zip

60433-1000

CD

IL-14

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

210935.00

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

Independent Contractors

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

213379.53

Forgiveness Date

07/09/2021

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