PPP Loan information for Chatfield electric inc.

$741,458

Chatfield electric inc. was initially approved for PPP Loan of amount $741,458, the current approved amount is $741,458. The loan was approved on 01/23/2021 by The Fifth Third Bank reported 25 jobs and $741,458 was used to fund payroll.

Chatfield electric inc. is Existing or more than 2 years old

PPP Loan Search / IL / Northbrook / Chatfield electric inc.

CHATFIELD ELECTRIC INC.

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CHATFIELD ELECTRIC INC.

Borrower Address

3217 Doolittle Dr

Borrower City

Northbrook

Borrower State

IL

Borrower Zip

60062-2410

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

741457.50

Current Approval Amount

741457.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northbrook

Project County Name

COOK

Project State

IL

Project Zip

60062-2410

CD

IL-10

Jobs Reported

25

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

741452.50

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

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

223994.76

Forgiveness Date

01/13/2022

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