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Addison Electric INC

$503,100 PPP Loan in Addison, Illinois

Loan Details

Loan Number
7554827106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$503,100
Current Approval
$503,100
Forgiveness Amount
$507,600
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Addison Electric INC
Address
502 Factory Road
City
Addison
State
Illinois
ZIP Code
60101
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$9.5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$503,100

Lender Information

Servicing Lender
Union National Bank
Originating Lender
Union National Bank

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