Pals Electric Inc.

$1,063,202 PPP Loan in Teutopolis, Illinois

Loan Details

Loan Number
1645488606
Date Approved
Mar 13, 2021
Loan Status
Paid in Full
Initial Approval
$1,063,202
Current Approval
$1,063,202
Forgiveness Amount
$1,067,750
Forgiveness Date
Aug 18, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Pals Electric Inc.
Address
12900 N 1775th Rd
ZIP Code
62467-3550
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$17.1M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$1,063,200
Utilities
$1

Lender Information

Servicing Lender
Teutopolis State Bank
Originating Lender
Teutopolis State Bank

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