American Electrical INC

$60,800 PPP Loan in Crest Hill, Illinois

Loan Details

Loan Number
4985667006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$60,800
Current Approval
$60,800
Forgiveness Amount
$61,619
Forgiveness Date
Aug 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Electrical INC
Address
Theodore Street
ZIP Code
60403-1613
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$45,000
Rent
$4,800
Utilities
$5,000
Health Care
$6,000

Lender Information

Servicing Lender
First Secure Community Bank
Originating Lender
First Secure Community Bank

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