Gem Electric Supply INC

$312,330 PPP Loan in Evergreen Park, Illinois

Loan Details

Loan Number
4442137102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$312,330
Current Approval
$304,774
Forgiveness Amount
$307,560
Forgiveness Date
Mar 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gem Electric Supply INC
Address
3135 W 95th St
ZIP Code
60805-2302
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423390)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.4M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$304,774

Lender Information

Servicing Lender
Old National Bank
Originating Lender
First Midwest Bank, a Division of Old National Bank

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