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Remco Electric Corporation

$263,725 PPP Loan in Champaign, Illinois

Loan Details

Loan Number
1870628400
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$263,725
Current Approval
$263,725
Forgiveness Amount
$264,846
Forgiveness Date
Jul 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Remco Electric Corporation
Address
903 Francis Dr
City
Champaign
State
Illinois
ZIP Code
61821-1711
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
$263,723
Utilities
$1

Lender Information

Servicing Lender
Morton Community Bank
Originating Lender
Morton Community Bank

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