P & H Electric Corp

$673,000 PPP Loan in Stillman Valley, Illinois

Loan Details

Loan Number
7881827005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$673,000
Current Approval
$673,000
Forgiveness Amount
$681,076
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
P & H Electric Corp
Address
7892 E Berry View Dr
ZIP Code
61084-9031
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$15.1M
Rural/Urban
Rural
Congressional District
IL-16

Loan Use Breakdown

Payroll
$645,000
Rent
$3,000
Utilities
$22,500
Debt Interest
$2,500

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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