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Laser Electric Inc.

$1,773,600 PPP Loan in Peoria, Illinois

Loan Details

Loan Number
9364157006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,773,600
Current Approval
$1,773,600
Forgiveness Amount
$1,793,037
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Laser Electric Inc.
Address
3611 SW Adams St
City
Peoria
State
Illinois
ZIP Code
61605
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Unanswered
Jobs Reported
55
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,330,200
Rent
$443,400

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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