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Palos Electric Company, INC

$1,400,000 PPP Loan in Crestwood, Illinois

Loan Details

Loan Number
8327347806
Date Approved
Jun 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,400,000
Current Approval
$1,400,000
Forgiveness Amount
$1,415,089
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palos Electric Company, INC
Address
14030 S Kildare Ave
City
Crestwood
State
Illinois
ZIP Code
60418
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$15.1M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$1,400,000

Lender Information

Servicing Lender
Republic Bank of Chicago
Originating Lender
Republic Bank of Chicago

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