Mcwilliams Electric Company

$2,000,000 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
3460428504
Date Approved
Feb 24, 2021
Loan Status
Exemption 4
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mcwilliams Electric Company
Address
1401 Rodenburg Rd
ZIP Code
60193-3532
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$15.8M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,999,999
Utilities
$1

Lender Information

Servicing Lender
Itasca Bank & Trust Co.
Originating Lender
Itasca Bank & Trust Co.

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