Electrol Specialties Company
$562,783 PPP Loan in South Beloit, Illinois
Loan Details
- Loan Number
- 2490938304
- Date Approved
- Jan 20, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $562,783
- Current Approval
- $562,783
- Forgiveness Amount
- $566,253
- Forgiveness Date
- Sep 9, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Electrol Specialties Company
- Address
- 441 Clark St
- City
- South Beloit
- State
- Illinois
- ZIP Code
- 61080-1355
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 36
- Estimated Revenue
- $8.8M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $562,783
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank and Trust National Association
Other PPP Loans in South Beloit, IL
| Business | Approved | |
|---|---|---|
| Mid-States Concrete Industries, LLC | $3,208,125 | |
| Precision Dose, Inc. | $1,597,000 | |
| The Top Die Casting Co. | $1,104,301 | |
| The Top Die Casting Co. | $1,101,100 | |
| American Extrusion International Corporation | $899,922 |
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