Elite Electric Company

$1,189,500 PPP Loan in Melrose Park, Illinois

Loan Details

Loan Number
1253518505
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$1,189,500
Current Approval
$1,189,500
Forgiveness Amount
$1,201,623
Forgiveness Date
Mar 7, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Elite Electric Company
Address
1645 N 25th Ave
ZIP Code
60160-1822
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$16.1M
Rural/Urban
Urban
Congressional District
IL-04

Loan Use Breakdown

Payroll
$1,189,498
Utilities
$1

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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