Excel Electric, INC

$611,800 PPP Loan in Frankfort, Illinois

Loan Details

Loan Number
7537697200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$611,800
Current Approval
$611,800
Forgiveness Amount
$615,267
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Excel Electric, INC
Address
24 W. Sangmeister Rd
ZIP Code
60423-7737
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
IL-01

Loan Use Breakdown

Payroll
$611,800

Lender Information

Servicing Lender
Old Second National Bank
Originating Lender
Old Second National Bank

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