Illinois Auto Electric Co.

$1,297,100 PPP Loan in Naperville, Illinois

Loan Details

Loan Number
4405648306
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$1,297,100
Current Approval
$1,297,100
Forgiveness Amount
$1,313,566
Forgiveness Date
Apr 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Illinois Auto Electric Co.
Address
2115 W Diehl Rd
ZIP Code
60563-2359
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$23.9M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$1,297,098
Utilities
$1

Lender Information

Servicing Lender
Old Second National Bank
Originating Lender
Old Second National Bank

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