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Maron Electric Company

$6,949,800 PPP Loan in Skokie, Illinois

Loan Details

Loan Number
6155137000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$6,949,800
Current Approval
$6,949,800
Forgiveness Amount
$7,030,881
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Maron Electric Company
Address
5401 Fargo Ave
City
Skokie
State
Illinois
ZIP Code
60077
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
175
Estimated Revenue
$57.6M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$5,212,350
Rent
$868,725
Utilities
$868,725

Lender Information

Servicing Lender
Wheaton Bank & Trust Company, National Association
Originating Lender
Wheaton Bank & Trust Company, National Association

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