PPP Loan information for Total electric inc.

$542,410

Total electric inc. was initially approved for PPP Loan of amount $542,410, the current approved amount is $542,410. The loan was approved on 04/09/2021 by The Providence Bank & Trust reported 29 jobs and $542,410 was used to fund payroll.

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

TOTAL ELECTRIC INC.

Date Approved

04/09/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

TOTAL ELECTRIC INC.

Borrower Address

16308 107th Ave Ste 11

Borrower City

Orland Park

Borrower State

IL

Borrower Zip

60467-4500

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

542410.00

Current Approval Amount

542410.00

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

60467-4500

CD

IL-06

Jobs Reported

29

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

542408.00

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

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

436288.17

Forgiveness Date

03/24/2022

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