Tempco Electric Heater Corporation
$4,775,030 PPP Loan in Wood Dale, Illinois
Loan Details
- Loan Number
- 1979357105
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,775,030
- Current Approval
- $4,775,030
- Forgiveness Amount
- $4,838,204
- Forgiveness Date
- Aug 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Tempco Electric Heater Corporation
- Address
- 607 N. Central Avenue 0.0
- City
- Wood Dale
- State
- Illinois
- ZIP Code
- 60191-1452
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (335999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 423
- Estimated Revenue
- $110.8M
- Rural/Urban
- Urban
- Congressional District
- IL-03
Loan Use Breakdown
- Payroll
- $3,953,990
- Rent
- $145,272
- Utilities
- $102,000
- Health Care
- $565,000
- Mortgage Interest
- $6,268
- Debt Interest
- $2,500
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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