Mac Electrical Contractors INC
$316,300 PPP Loan in Elgin, Illinois
Loan Details
- Loan Number
- 8341907009
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $316,300
- Current Approval
- $316,300
- Forgiveness Amount
- $318,497
- Forgiveness Date
- Dec 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mac Electrical Contractors INC
- Address
- 194 N Edison Ave
- City
- Elgin
- State
- Illinois
- ZIP Code
- 60123-5215
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 22
- Estimated Revenue
- $7.2M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $253,040
- Rent
- $63,260
Lender Information
- Servicing Lender
- Cornerstone National Bank & Trust Company
- Originating Lender
- Cornerstone National Bank & Trust Company
Other PPP Loans in Elgin, IL
| Business | Approved | |
|---|---|---|
| Lending Solutions, Inc. | $7,198,353 |  AI Deep Dive |
| Mkd Electric, Inc. | $6,654,400 | AI Deep Dive |
| Fox Valley Fire & Safety Co. | $4,511,500 | AI Deep Dive |
| Ihc Construction Companies, LLC | $4,319,724 | AI Deep Dive |
| Proven Performers, Inc. | $3,851,900 | AI Deep Dive |
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