B&e Electronix

$167,300 PPP Loan in Downers Grove, Illinois

Loan Details

Loan Number
8388667202
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$167,300
Current Approval
$167,300
Forgiveness Amount
$168,782
Forgiveness Date
Mar 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
B&e Electronix
Address
1441 Branding Lane, Suite 110
ZIP Code
60515-5624
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333511)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$125,475
Utilities
$20,913
Mortgage Interest
$20,912

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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