Jeron Electronic Systems, Inc.

$1,088,610 PPP Loan in Niles, Illinois

Loan Details

Loan Number
8122337102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,088,610
Current Approval
$1,088,610
Forgiveness Amount
$1,096,463
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jeron Electronic Systems, Inc.
Address
7501 N Natchez Ave
City
Niles
ZIP Code
60714
Business Type
Corporation
Industry (NAICS)
Manufacturing (334290)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$18.9M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$899,251
Rent
$70,000
Utilities
$9,610
Health Care
$109,749

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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