O'fallon Electric Company

$173,047 PPP Loan in O Fallon, Illinois

Loan Details

Loan Number
1472627300
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$173,047
Current Approval
$173,047
Forgiveness Amount
$175,062
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
O'fallon Electric Company
Address
8576 East Hwy 50 Po Box 488
ZIP Code
62269-0488
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$164,094
Rent
$8,000
Utilities
$953

Lender Information

Servicing Lender
Bank of O'fallon
Originating Lender
Bank of O'fallon

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