Farrell Electric Company

$157,015 PPP Loan in Evergreen Park, Illinois

Loan Details

Loan Number
5935277210
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$157,015
Current Approval
$157,015
Forgiveness Amount
$159,101
Forgiveness Date
Sep 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farrell Electric Company
Address
9640 S Harding Ave
ZIP Code
60805-2918
Business Type
Corporation
Industry (NAICS)
Manufacturing (334515)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$155,000
Mortgage Interest
$2,015

Lender Information

Servicing Lender
First Secure Bank and Trust Co.
Originating Lender
First Secure Bank and Trust Co.

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