Wilcox Electric & Service INC

$416,100 PPP Loan in Normal, Illinois

Loan Details

Loan Number
2984187101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$416,100
Current Approval
$416,100
Forgiveness Amount
$418,747
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Wilcox Electric & Service INC
Address
1801 Industrial Park Drive Unit B
City
Normal
ZIP Code
61761-4319
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.9M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$413,488
Rent
$1,650
Utilities
$962

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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