PPP Loan information for Cordial electric inc

$26,041

Cordial electric inc was initially approved for PPP Loan of amount $26,041, the current approved amount is $26,041. The loan was approved on 03/06/2021 by The Old Second National Bank reported 4 jobs and $26,041 was used to fund payroll.

Cordial electric inc is Existing or more than 2 years old

CORDIAL ELECTRIC INC

Date Approved

03/06/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CORDIAL ELECTRIC INC

Borrower Address

21W036 Glen Park Rd

Borrower City

Lombard

Borrower State

IL

Borrower Zip

60148-5159

Loan Status Date

05/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26041.00

Current Approval Amount

26041.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lombard

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-5159

CD

IL-06

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26041.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26305.03

Forgiveness Date

03/10/2022

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