Power Distribution Equipment Co., Inc.

$268,300 PPP Loan in Franklin Park, Illinois

Loan Details

Loan Number
5436207010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$268,300
Current Approval
$268,367
Forgiveness Amount
$269,865
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Power Distribution Equipment Co., Inc.
Address
3010 Willow St
ZIP Code
60131-2835
Business Type
Corporation
Industry (NAICS)
Manufacturing (335313)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-04

Loan Use Breakdown

Payroll
$201,275
Rent
$33,546
Utilities
$33,546

Lender Information

Servicing Lender
State Bank of the Lakes, National Association
Originating Lender
State Bank of the Lakes, National Association

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