PPP Loan information for Electrical systems inc

$1,225,000

Electrical systems inc was initially approved for PPP Loan of amount $1,225,000, the current approved amount is $1,225,000. The loan was approved on 05/05/2020 by The Bank of America, National Association reported 49 jobs and $1,225,000 was used to fund payroll.

Electrical systems inc is Existing or more than 2 years old

PPP Loan Search / IL / LANSING / Electrical systems inc

ELECTRICAL SYSTEMS INC

Date Approved

05/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ELECTRICAL SYSTEMS INC

Borrower Address

2725 BERNICE RD

Borrower City

LANSING

Borrower State

IL

Borrower Zip

60438-1011

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1225000.00

Current Approval Amount

1225000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

COOK

Project State

IL

Project Zip

60438-1011

CD

IL-02

Jobs Reported

49

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1225000.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;