Power Distributing, LLC
$2,459,400 PPP Loan in Elmhurst, Illinois
Loan Details
- Loan Number
- 9567367010
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,459,400
- Current Approval
- $2,459,400
- Forgiveness Amount
- $2,487,921
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Power Distributing, LLC
- Address
- 185 W. Industrial Drive 0.0
- City
- Elmhurst
- State
- Illinois
- ZIP Code
- 60126-1015
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Wholesale Trade (424490)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 176
- Estimated Revenue
- $45.3M
- Rural/Urban
- Urban
- Congressional District
- IL-06
Loan Use Breakdown
- Payroll
- $2,000,000
- Rent
- $110,000
- Utilities
- $25,000
- Health Care
- $312,400
- Debt Interest
- $12,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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