Brown Electric Construction Co.

$1,364,800 PPP Loan in Quincy, Illinois

Loan Details

Loan Number
5116337004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,364,800
Current Approval
$1,364,800
Forgiveness Amount
$1,374,278
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Brown Electric Construction Co.
Address
1309 Watts Ln
City
Quincy
ZIP Code
62305-1302
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$21.1M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$1,364,800

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

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