Factor Electric Inc.

$147,485 PPP Loan in Hampshire, Illinois

Loan Details

Loan Number
8729907408
Date Approved
May 19, 2020
Loan Status
Paid in Full
Initial Approval
$147,485
Current Approval
$147,485
Forgiveness Amount
$148,796
Forgiveness Date
Apr 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Factor Electric Inc.
Address
140 Arrowhead Dr, Unit 1
ZIP Code
60140
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$110,614
Rent
$22,123
Utilities
$14,749

Lender Information

Servicing Lender
St. Charles Bank & Trust Company, National Association
Originating Lender
St. Charles Bank & Trust Company, National Association

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