Mem Electric Inc.

$101,760 PPP Loan in Villa Park, Illinois

Loan Details

Loan Number
8769098306
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$101,760
Current Approval
$101,760
Forgiveness Amount
$102,130
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Mem Electric Inc.
Address
700 N Iowa Ave
ZIP Code
60181-1509
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$101,754
Utilities
$1

Lender Information

Servicing Lender
Old National Bank
Originating Lender
First Midwest Bank, a Division of Old National Bank

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