Preferred Electrical Construction Corp. of Illinois, Inc.

$1,660,700 PPP Loan in Bloomingdale, Illinois

Loan Details

Loan Number
4646957201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,660,700
Current Approval
$1,660,700
Forgiveness Amount
$1,673,847
Forgiveness Date
Feb 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preferred Electrical Construction Corp. of Illinois, Inc.
Address
110 Ridge Avenue
ZIP Code
60108
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
141
Estimated Revenue
$46.4M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,660,700

Lender Information

Servicing Lender
Byline Bank
Originating Lender
Byline Bank

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