Jolen Electric and Communications, Inc.
$500,000 PPP Loan in South Chicago Heights, Illinois
Loan Details
- Loan Number
- 6375907204
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $500,000
- Current Approval
- $500,000
- Forgiveness Amount
- $502,875
- Forgiveness Date
- Nov 25, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Jolen Electric and Communications, Inc.
- Address
- 3259 Holeman Ave
- State
- Illinois
- ZIP Code
- 60411-5515
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (236220)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 28
- Estimated Revenue
- $31.9M
- Rural/Urban
- Urban
- Congressional District
- IL-02
Loan Use Breakdown
- Payroll
- $500,000
Lender Information
- Servicing Lender
- Old National Bank
- Originating Lender
- First Midwest Bank, a Division of Old National Bank
Other PPP Loans in South Chicago Heights, IL
| Business | Approved | |
|---|---|---|
| Cosmos Manufacturing, Inc. | $1,390,310 | |
| Cosmos Manufacturing Inc. | $1,261,326 | |
| Sargent's Equipment & Repair Services, Inc. | $710,600 | |
| Mst Health Properties LLC | $600,400 | |
| Robert H. Ward & Associates, Inc. | $589,700 |
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