Rad Electric LLC
$125,000 PPP Loan in Calumet City, Illinois
Loan Details
- Loan Number
- 1402197100
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $125,000
- Current Approval
- $125,000
- Forgiveness Amount
- $126,330
- Forgiveness Date
- May 6, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rad Electric LLC
- Address
- 495 Burnham
- City
- Calumet City
- State
- Illinois
- ZIP Code
- 60409
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Construction (237130)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 5
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-02
Loan Use Breakdown
- Payroll
- $93,750
- Rent
- $18,750
- Utilities
- $12,500
Lender Information
- Servicing Lender
- Old Plank Trail Community Bank, National Association
- Originating Lender
- Old Plank Trail Community Bank, National Association
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