Associated Electrical Contractors, LLC

$2,550,100 PPP Loan in Woodstock, Illinois

Loan Details

Loan Number
4854517007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,550,100
Current Approval
$2,550,100
Forgiveness Amount
$2,597,419
Forgiveness Date
Feb 14, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Associated Electrical Contractors, LLC
Address
319 Lamb Road
ZIP Code
60098-9651
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
86
Estimated Revenue
$28.3M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$2,550,100

Lender Information

Servicing Lender
American Community Bank & Trust
Originating Lender
American Community Bank & Trust

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