Potter Electric Service INC

$530,400 PPP Loan in Urbana, Illinois

Loan Details

Loan Number
9704367007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$530,400
Current Approval
$530,400
Forgiveness Amount
$533,321
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Potter Electric Service INC
Address
1211 N Berkley Ave
City
Urbana
ZIP Code
61801-1816
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Unanswered
Jobs Reported
33
Estimated Revenue
$10.9M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$397,800
Rent
$132,600

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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