B & B Electric INC

$1,695,000 PPP Loan in Springfield, Illinois

Loan Details

Loan Number
5750067003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,695,000
Current Approval
$1,695,000
Forgiveness Amount
$1,706,018
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
B & B Electric INC
Address
3000 Reilly Dr
ZIP Code
62703-4565
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
79
Estimated Revenue
$26.0M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$1,695,000

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

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