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Excel Electric Inc.

$801,100 PPP Loan in Frankfort, Illinois

Loan Details

Loan Number
9451398503
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$801,100
Current Approval
$801,100
Forgiveness Amount
$806,062
Forgiveness Date
Oct 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Excel Electric Inc.
Address
24 Sangmeister Rd
City
Frankfort
State
Illinois
ZIP Code
60423-7737
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
IL-01

Loan Use Breakdown

Payroll
$801,100

Lender Information

Servicing Lender
Old Second National Bank
Originating Lender
Old Second National Bank

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