Vandalia Electric Motor Service INC

$37,209 PPP Loan in Vandalia, Illinois

Loan Details

Loan Number
3139747209
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$37,209
Current Approval
$37,209
Forgiveness Amount
$37,663
Forgiveness Date
Jul 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vandalia Electric Motor Service INC
Address
561 Il 185
ZIP Code
62471
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$37,000
Utilities
$209

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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