Lower Electric, LLC

$207,675 PPP Loan in Northbrook, Illinois

Loan Details

Loan Number
5357687005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$207,675
Current Approval
$207,675
Forgiveness Amount
$209,250
Forgiveness Date
Jan 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lower Electric, LLC
Address
1307 Shermer Road
ZIP Code
60062-4536
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$155,757
Utilities
$25,959
Mortgage Interest
$25,959

Lender Information

Servicing Lender
Northbrook Bank & Trust Company, National Association
Originating Lender
Northbrook Bank & Trust Company, National Association

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