Elite Electric Co., Inc.

$1,189,500 PPP Loan in Melrose Park, Illinois

Loan Details

Loan Number
7463657206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,189,500
Current Approval
$1,189,500
Forgiveness Amount
$1,201,884
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elite Electric Co., Inc.
Address
1645 N 25th Avenue
ZIP Code
60160
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$16.1M
Rural/Urban
Urban
Congressional District
IL-04

Loan Use Breakdown

Payroll
$1,189,500

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

Other PPP Loans in Melrose Park, IL

BusinessApproved
The Custom Companies, Inc.$5,968,800NewBizBotAI Deep Dive
Alin Machining Co., INC$2,881,884NewBizBotAI Deep Dive
Lake Book Manufacturing, INC$2,490,230NewBizBotAI Deep Dive
Andrew Distribution INC$2,099,400NewBizBotAI Deep Dive
Alin Machining Company INC$2,000,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free