Lakeside Electric, INC

$1,649,595 PPP Loan in Bloomingdale, Illinois

Loan Details

Loan Number
9881227110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,649,595
Current Approval
$1,649,595
Forgiveness Amount
$1,660,684
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lakeside Electric, INC
Address
161 Covington Dr
ZIP Code
60108-3107
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$25.7M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,319,676
Rent
$164,960
Utilities
$82,480
Mortgage Interest
$82,480

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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