PPP Loan information for Austin electric inc

$441,900

Austin electric inc was initially approved for PPP Loan of amount $441,900, the current approved amount is $441,900. The loan was approved on 04/12/2020 by The Heartland Bank and Trust Company reported 13 jobs and $441,900 was used to fund payroll.

Austin electric inc is Existing or more than 2 years old

AUSTIN ELECTRIC INC

Date Approved

04/12/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AUSTIN ELECTRIC INC

Borrower Address

131 Airport Dr #1A

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60431-4791

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

441900.00

Current Approval Amount

441900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20402

Servicing Lender Name

Heartland Bank and Trust Company

Servicing Lender Address

401 N Hershey Rd

Servicing Lender City

BLOOMINGTON

Servicing Lender State

IL

Servicing Lender Zip

61704-3742

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60431-4791

CD

IL-14

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

441900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

20402

Originating Lender

Heartland Bank and Trust Company

Originating Lender City

BLOOMINGTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

447472.85

Forgiveness Date

07/20/2021

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