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Remco Electrical Corporation

$223,200 PPP Loan in Champaign, Illinois

Loan Details

Loan Number
9500737009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$223,200
Current Approval
$223,200
Forgiveness Amount
$224,539
Forgiveness Date
Nov 24, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Remco Electrical Corporation
Address
903 Francis Dr
City
Champaign
State
Illinois
ZIP Code
61820
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Unanswered
Jobs Reported
16
Estimated Revenue
$5.3M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$167,400
Rent
$55,800

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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