PPP Loan information for Total electric, inc.

$564,347

Total electric, inc. was initially approved for PPP Loan of amount $564,347, the current approved amount is $564,347. The loan was approved on 04/30/2020 by The Providence Bank & Trust reported 17 jobs and $564,347 was used to fund payroll.

Total electric, inc. is Existing or more than 2 years old

PPP Loan Search / IL / Orland Park / Total electric, inc.

TOTAL ELECTRIC, INC.

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TOTAL ELECTRIC, INC.

Borrower Address

16308 S 107th Ave #11

Borrower City

Orland Park

Borrower State

IL

Borrower Zip

60467

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

564347.00

Current Approval Amount

564347.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orland Park

Project County Name

COOK

Project State

IL

Project Zip

60467-1000

CD

IL-01

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

315006.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

249341.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

397957

Originating Lender

Providence Bank & Trust

Originating Lender City

SOUTH HOLLAND

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

570288.32

Forgiveness Date

05/21/2021

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