Swedberg Electric INC

$710,000 PPP Loan in Sycamore, Illinois

Loan Details

Loan Number
4388198408
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$710,000
Current Approval
$710,000
Forgiveness Amount
$713,037
Forgiveness Date
Jul 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Swedberg Electric INC
Address
525 Brickville Rd
ZIP Code
60178-1269
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$710,000

Lender Information

Servicing Lender
Resource Bank, National Association
Originating Lender
Resource Bank, National Association

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