Flanders Electric Motor Service of Illinois INC

$326,992 PPP Loan in Marion, Illinois

Loan Details

Loan Number
4145367301
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$326,992
Current Approval
$326,992
Forgiveness Amount
$329,527
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Flanders Electric Motor Service of Illinois INC
Address
1000 N Court Street
City
Marion
ZIP Code
62959
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Unanswered
Jobs Reported
26
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$326,992

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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