Broadway Electric, Inc.

$1,445,813 PPP Loan in Elk Grove Village, Illinois

Loan Details

Loan Number
5576947000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,445,813
Current Approval
$1,445,813
Forgiveness Amount
$1,462,720
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Broadway Electric, Inc.
Address
831 Oakton Street
ZIP Code
60007-1918
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$17.1M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,084,359
Rent
$180,727
Utilities
$180,727

Lender Information

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

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