PPP Loan information for Tully electric inc

$79,905

Tully electric inc was initially approved for PPP Loan of amount $79,905, the current approved amount is $79,905. The loan was approved on 04/30/2020 by The First Secure Community Bank reported 6 jobs and $79,905 was used to fund payroll.

Tully electric inc is Existing or more than 2 years old

PPP Loan Search / IL / CAROL STREAM / Tully electric inc

TULLY ELECTRIC INC

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TULLY ELECTRIC INC

Borrower Address

284 Commonwealth Drive

Borrower City

CAROL STREAM

Borrower State

IL

Borrower Zip

60188

Loan Status Date

05/31/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79905.00

Current Approval Amount

79905.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124397

Servicing Lender Name

First Secure Community Bank

Servicing Lender Address

670 N Sugar Grove Pkwy Rte 47

Servicing Lender City

Sugar Grove

Servicing Lender State

IL

Servicing Lender Zip

60554

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAROL STREAM

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-0001

CD

IL-08

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1905.00

Payroll Proceed

70000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124397

Originating Lender

First Secure Community Bank

Originating Lender City

Sugar Grove

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80945.98

Forgiveness Date

09/02/2021

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