M Reading Electric Inc.

$42,400 PPP Loan in Round Lake, Illinois

Loan Details

Loan Number
7877007003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$42,400
Current Approval
$42,400
Forgiveness Amount
$42,664
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
M Reading Electric Inc.
Address
280 W Prarie Walk Lane
ZIP Code
60073
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$31,800
Rent
$5,300
Utilities
$5,300

Lender Information

Servicing Lender
Northbrook Bank & Trust Company, National Association
Originating Lender
Northbrook Bank & Trust Company, National Association

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