PPP Loan information for Abco electrical construction & design, llc

$4,321,000

Abco electrical construction & design, llc was initially approved for PPP Loan of amount $4,321,000, the current approved amount is $4,321,000. The loan was approved on 04/11/2020 by The Providence Bank & Trust reported 106 jobs and $4,321,000 was used to fund payroll.

Abco electrical construction & design, llc is Existing or more than 2 years old

ABCO ELECTRICAL CONSTRUCTION & DESIGN, LLC

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ABCO ELECTRICAL CONSTRUCTION & DESIGN, LLC

Borrower Address

817 S. KILDARE AVE

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60624-3536

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4321000.00

Current Approval Amount

4321000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

397957

Servicing Lender Name

Providence Bank & Trust

Servicing Lender Address

630 E 162nd St

Servicing Lender City

SOUTH HOLLAND

Servicing Lender State

IL

Servicing Lender Zip

60473-2328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60624-3536

CD

IL-07

Jobs Reported

106

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27954.00

Payroll Proceed

4263866.00

Mortgage Interest Proceed

0.00

Rent Proceed

29180.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

397957

Originating Lender

Providence Bank & Trust

Originating Lender City

SOUTH HOLLAND

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

4372011.81

Forgiveness Date

06/15/2021

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