Taylor Electric Company
$1,500,000 PPP Loan in Chicago, Illinois
Loan Details
- Loan Number
- 5858577005
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,500,000
- Current Approval
- $1,500,000
- Forgiveness Amount
- $1,517,219
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
Loan Use Breakdown
- Payroll
- $1,125,000
- Rent
- $375,000
Lender Information
- Servicing Lender
- Busey Bank
- Originating Lender
- Busey Bank
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| Business | Approved | |
|---|---|---|
| Fay Servicing, LLC | $10,000,000 | |
| Young Men's Christian Association of Chicago | $10,000,000 | |
| Daniels Sharpsmart INC | $10,000,000 | |
| Access Community Health Network | $10,000,000 | |
| Freightcar America, Inc. | $10,000,000 |
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