Baker Electric & Development Inc.

$116,632 PPP Loan in Morris, Illinois

Loan Details

Loan Number
9005057009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$116,632
Current Approval
$116,632
Forgiveness Amount
$117,763
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Baker Electric & Development Inc.
Address
1299 Leah Rd, Suite a
City
Morris
ZIP Code
60450-8405
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$93,306
Rent
$11,663
Mortgage Interest
$11,663

Lender Information

Servicing Lender
Grundy Bank
Originating Lender
Grundy Bank

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