Commercial Electric, INC
$949,100 PPP Loan in Mattoon, Illinois
Loan Details
- Loan Number
- 4671767107
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $949,100
- Current Approval
- $949,100
- Forgiveness Amount
- $954,979
- Forgiveness Date
- Nov 27, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Commercial Electric, INC
- Address
- 720 S. 17th Street
- City
- Mattoon
- State
- Illinois
- ZIP Code
- 61938-5502
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 48
- Estimated Revenue
- $15.8M
- Rural/Urban
- Urban
- Congressional District
- IL-15
Loan Use Breakdown
- Payroll
- $711,825
- Rent
- $118,638
- Utilities
- $118,638
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank & Trust, National Association
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