Mkd Electric, Inc.

$6,654,400 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
5626477000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$6,654,400
Current Approval
$6,654,400
Forgiveness Amount
$6,728,338
Forgiveness Date
May 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mkd Electric, Inc.
Address
2590 Alft Ln. Unit a
City
Elgin
ZIP Code
60124-7820
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
340
Estimated Revenue
$111.9M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$4,990,800
Utilities
$831,800
Health Care
$831,800

Lender Information

Servicing Lender
St. Charles Bank & Trust Company, National Association
Originating Lender
St. Charles Bank & Trust Company, National Association

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