Block Electric Co. Inc.

$2,000,000 PPP Loan in Niles, Illinois

Loan Details

Loan Number
7756538303
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,013,699
Forgiveness Date
Oct 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Block Electric Co. Inc.
Address
7107 N Milwaukee Ave
City
Niles
ZIP Code
60714-4424
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
159
Estimated Revenue
$52.3M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

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

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