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Failsafe Electric, Inc.

$34,100 PPP Loan in Metamora, Illinois

Loan Details

Loan Number
7553227210
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$34,100
Current Approval
$34,100
Forgiveness Amount
$34,417
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Failsafe Electric, Inc.
Address
1312 Paradise Dr
City
Metamora
State
Illinois
ZIP Code
61548
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-16

Loan Use Breakdown

Payroll
$34,100

Lender Information

Servicing Lender
Heartland Bank and Trust Company
Originating Lender
Heartland Bank and Trust Company

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