Sievert Electric Service & Sales Co INC

$1,925,810 PPP Loan in Forest Park, Illinois

Loan Details

Loan Number
1021597109
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,925,810
Current Approval
$1,925,810
Forgiveness Amount
$1,952,547
Forgiveness Date
Sep 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sievert Electric Service & Sales Co INC
Address
1230 Hannah Ave 0.0
ZIP Code
60130-2448
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333923)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$19.6M
Rural/Urban
Urban
Congressional District
IL-07

Loan Use Breakdown

Payroll
$1,628,810
Rent
$40,000
Utilities
$7,000
Health Care
$250,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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