Krause Electrical Contractors, Inc.
$1,065,000 PPP Loan in Zion, Illinois
Loan Details
- Loan Number
- 4001267209
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,065,000
- Current Approval
- $1,065,000
- Forgiveness Amount
- $1,071,183
- Forgiveness Date
- Nov 25, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Krause Electrical Contractors, Inc.
- Address
- 13921 W. Il Route 173
- City
- Zion
- State
- Illinois
- ZIP Code
- 60099-9240
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 55
- Estimated Revenue
- $18.1M
- Rural/Urban
- Urban
- Congressional District
- IL-10
Loan Use Breakdown
- Payroll
- $798,750
- Rent
- $133,125
- Utilities
- $133,125
Lender Information
- Servicing Lender
- State Bank of the Lakes, National Association
- Originating Lender
- State Bank of the Lakes, National Association
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