State Automatic Heating and Cooling Corp

$349,000 PPP Loan in Batavia, Illinois

Loan Details

Loan Number
7397777001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$349,000
Current Approval
$349,000
Forgiveness Amount
$351,094
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
State Automatic Heating and Cooling Corp
Address
1335 Paramount Pkwy
ZIP Code
60510-1460
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$272,000
Rent
$70,000
Utilities
$7,000

Lender Information

Servicing Lender
Sterling Bank
Originating Lender
Sterling Bank

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