M.g. Electric Service Company
$314,500 PPP Loan in Arlington Heights, Illinois
Loan Details
- Loan Number
- 5387607200
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $314,500
- Current Approval
- $314,500
- Forgiveness Amount
- $293,372
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- M.g. Electric Service Company
- Address
- 1450 East Algonquin Road
- State
- Illinois
- ZIP Code
- 60005
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Unanswered
- Jobs Reported
- 14
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $314,500
Lender Information
- Servicing Lender
- Bmo Bank National Association
- Originating Lender
- Bmo Bank National Association
Other PPP Loans in Arlington Heights, IL
| Business | Approved | |
|---|---|---|
| Gurtz Electric Co. | $10,000,000 |  AI Deep Dive |
| Advance Mechanical Systems, Inc. | $7,500,000 | AI Deep Dive |
| Kroeschell, Inc. | $6,840,000 | AI Deep Dive |
| Paddock Publications, INC | $4,001,700 | AI Deep Dive |
| Atomatic Mechanical Services INC | $3,814,600 | AI Deep Dive |
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