Kennedy-Webster Electric Company

$182,400 PPP Loan in Downers Grove, Illinois

Loan Details

Loan Number
6914287001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$182,400
Current Approval
$182,400
Forgiveness Amount
$183,456
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kennedy-Webster Electric Company
Address
5225 Walnut Avenue
ZIP Code
60515-4025
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$145,920
Rent
$18,240
Utilities
$9,120
Mortgage Interest
$9,120

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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