PPP Loan information for Illinois auto electric co

$1,214,600

Illinois auto electric co was initially approved for PPP Loan of amount $1,214,600, the current approved amount is $1,214,600. The loan was approved on 04/09/2020 by The Old Second National Bank reported 78 jobs and $1,214,600 was used to fund payroll.

Illinois auto electric co is Existing or more than 2 years old

PPP Loan Search / IL / NAPERVILLE / Illinois auto electric co

ILLINOIS AUTO ELECTRIC CO

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ILLINOIS AUTO ELECTRIC CO

Borrower Address

2115 W. DIEHL RD

Borrower City

NAPERVILLE

Borrower State

IL

Borrower Zip

60563-2359

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1214600.00

Current Approval Amount

1214600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAPERVILLE

Project County Name

DUPAGE

Project State

IL

Project Zip

60563-2359

CD

IL-11

Jobs Reported

78

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25545.00

Payroll Proceed

1061265.00

Mortgage Interest Proceed

0.00

Rent Proceed

127790.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1227589.47

Forgiveness Date

05/06/2021

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