Holmgren Electric, Inc.

$226,000 PPP Loan in Elburn, Illinois

Loan Details

Loan Number
2565817106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$226,000
Current Approval
$226,000
Forgiveness Amount
$228,718
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Holmgren Electric, Inc.
Address
609 Thryselius Dr Unit a
City
Elburn
ZIP Code
60119-8469
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$221,000
Rent
$4,500
Utilities
$500

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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