Newcastle Electric Inc.

$42,973 PPP Loan in River Grove, Illinois

Loan Details

Loan Number
6113747705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$42,973
Current Approval
$42,973
Forgiveness Amount
$43,283
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newcastle Electric Inc.
Address
1505 Industrial Drive
ZIP Code
60171
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
New Business or 2 years or less
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$42,973

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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