G & M Electrical Contractors Co.

$1,972,800 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
5182957000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,972,800
Current Approval
$1,972,800
Forgiveness Amount
$1,995,871
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
G & M Electrical Contractors Co.
Address
1746 N. Richmond Street
ZIP Code
60647-5124
Business Type
Trust
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$21.4M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$1,479,600
Rent
$246,600
Utilities
$246,600

Lender Information

Servicing Lender
Village Bank and Trust, National Association
Originating Lender
Village Bank and Trust, National Association

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