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Swanson Electric

$52,382 PPP Loan in Altona, Illinois

Loan Details

Loan Number
2902787101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$52,382
Current Approval
$52,382
Forgiveness Amount
$52,877
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Swanson Electric
Address
105 N Station
City
Altona
State
Illinois
ZIP Code
61414-5053
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$49,905
Rent
$1,818
Utilities
$659

Lender Information

Servicing Lender
Anderson State Bank
Originating Lender
Anderson State Bank

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