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Brown Electric, Inc.

$517,375 PPP Loan in Goreville, Illinois

Loan Details

Loan Number
5240957206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$517,375
Current Approval
$517,375
Forgiveness Amount
$522,861
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Brown Electric, Inc.
Address
437 Route 37
City
Goreville
State
Illinois
ZIP Code
62939-3631
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$21.4M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$517,375

Lender Information

Servicing Lender
Banterra Bank
Originating Lender
Banterra Bank

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