Dreisilker Electric Motors INC

$1,067,700 PPP Loan in Glen Ellyn, Illinois

Loan Details

Loan Number
6720127001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,067,700
Current Approval
$1,067,700
Forgiveness Amount
$1,076,746
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dreisilker Electric Motors INC
Address
352 Roosevelt Road
ZIP Code
60137-5646
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
82
Estimated Revenue
$25.1M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$800,775
Rent
$160,155
Utilities
$106,770

Lender Information

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

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