PPP Loan information for Webster electric company

$172,600

Webster electric company was initially approved for PPP Loan of amount $172,600, the current approved amount is $172,600. The loan was approved on 04/14/2020 by The The Huntington National Bank reported 7 jobs and $172,600 was used to fund payroll.

Webster electric company is Existing or more than 2 years old

PPP Loan Search / IL / DES PLAINES / Webster electric company

WEBSTER ELECTRIC COMPANY

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WEBSTER ELECTRIC COMPANY

Borrower Address

280 HOWARD AVE

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60018

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172600.00

Current Approval Amount

172600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60018-0501

CD

IL-08

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

172600.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175735.17

Forgiveness Date

02/17/2022

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