Power Electronics International Inc.

$630,615 PPP Loan in Dundee, Illinois

Loan Details

Loan Number
4872217200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$630,615
Current Approval
$630,615
Forgiveness Amount
$635,502
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Power Electronics International Inc.
Address
561-8 Plate Drive
City
Dundee
ZIP Code
60118
Business Type
Corporation
Industry (NAICS)
Manufacturing (333120)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.8M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$630,615

Lender Information

Servicing Lender
First American Bank
Originating Lender
First American Bank

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