American Electric Construction Company LLC

$1,939,009 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
2832308402
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$1,939,009
Current Approval
$1,939,009
Forgiveness Amount
$1,951,074
Forgiveness Date
Sep 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
American Electric Construction Company LLC
Address
620 Pratt Ave N
ZIP Code
60193-4557
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
83
Estimated Revenue
$27.3M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,939,006
Utilities
$1

Lender Information

Servicing Lender
Lakeside Bank
Originating Lender
Lakeside Bank

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