Foster Electric (u.s.a.), Inc.

$1,050,000 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
3319067105
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,050,000
Current Approval
$1,050,000
Forgiveness Amount
$1,061,449
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Foster Electric (u.s.a.), Inc.
Address
1000 E. State Parkway, Suite G
ZIP Code
60173-4569
Business Type
Corporation
Industry (NAICS)
Manufacturing (334310)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$17.5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,050,000

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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