Glaenzer Electric, INC

$314,100 PPP Loan in Belleville, Illinois

Loan Details

Loan Number
9236357002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$314,100
Current Approval
$314,100
Forgiveness Amount
$316,725
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Glaenzer Electric, INC
Address
10 Empire Dr
ZIP Code
62220-3415
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.9M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$300,933
Rent
$10,740
Utilities
$2,427

Lender Information

Servicing Lender
Bank of Belleville
Originating Lender
Bank of Belleville

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