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
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

BusinessApproved
Stevens Cabinets INC$5,000,000NewBizBotAI Deep Dive
Three-Z Printing Company$3,072,400NewBizBotAI Deep Dive
Siemer Milling Company$2,061,230NewBizBotAI Deep Dive
Meyer Oil Co.$1,269,400NewBizBotAI Deep Dive
Pals Electric Inc.$1,063,202NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free