Ross Electric, INC

$69,200 PPP Loan in Kaneville, Illinois

Loan Details

Loan Number
3040117306
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$69,200
Current Approval
$69,200
Forgiveness Amount
$69,638
Forgiveness Date
Dec 16, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ross Electric, INC
Address
2 S 342 Harter Rd
ZIP Code
60144-9998
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Unanswered
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$59,361
Rent
$5,800
Utilities
$2,739
Mortgage Interest
$1,300

Lender Information

Servicing Lender
Resource Bank, National Association
Originating Lender
Resource Bank, National Association

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