Abs Electric INC

$118,170 PPP Loan in Downers Grove, Illinois

Loan Details

Loan Number
1428507705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$118,170
Current Approval
$118,170
Forgiveness Amount
$119,003
Forgiveness Date
Jan 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Abs Electric INC
Address
6328 Fairmount Ave
ZIP Code
60516
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$102,106
Rent
$6,000
Health Care
$10,064

Lender Information

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

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