Pals Electric INC
$635,866 PPP Loan in Teutopolis, Illinois
Loan Details
- Loan Number
- 2896267101
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $635,866
- Current Approval
- $635,866
- Forgiveness Amount
- $640,441
- Forgiveness Date
- Dec 30, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Pals Electric INC
- Address
- 12900 N 1775th Rd
- City
- Teutopolis
- State
- Illinois
- ZIP Code
- 62467-3550
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 37
- Estimated Revenue
- $12.2M
- Rural/Urban
- Rural
- Congressional District
- IL-12
Loan Use Breakdown
- Payroll
- $635,866
Lender Information
- Servicing Lender
- Teutopolis State Bank
- Originating Lender
- Teutopolis State Bank
Other PPP Loans in Teutopolis, IL
| Business | Approved | |
|---|---|---|
| Stevens Cabinets INC | $5,000,000 | |
| Three-Z Printing Company | $3,072,400 | |
| Siemer Milling Company | $2,061,230 | |
| Meyer Oil Co. | $1,269,400 | |
| Pals Electric Inc. | $1,063,202 |
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