PPP Loan information for Geary electric, inc.

$1,097,700

Geary electric, inc. was initially approved for PPP Loan of amount $1,097,700, the current approved amount is $1,097,700. The loan was approved on 04/06/2020 by The Libertyville Bank & Trust Company, National Association reported 30 jobs and $1,097,700 was used to fund payroll.

Geary electric, inc. is Existing or more than 2 years old

GEARY ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GEARY ELECTRIC, INC.

Borrower Address

3151 COMMERCIAL AVE

Borrower City

NORTHBROOK

Borrower State

IL

Borrower Zip

60062-1905

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1097700.00

Current Approval Amount

1097700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119728

Servicing Lender Name

Libertyville Bank & Trust Company, National Association

Servicing Lender Address

507 N Milwaukee Ave

Servicing Lender City

LIBERTYVILLE

Servicing Lender State

IL

Servicing Lender Zip

60048-2000

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

60062-1905

CD

IL-10

Jobs Reported

30

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13721.25

Payroll Proceed

823275.00

Mortgage Interest Proceed

260703.75

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

119728

Originating Lender

Libertyville Bank & Trust Company, National Association

Originating Lender City

LIBERTYVILLE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1109896.67

Forgiveness Date

05/21/2021

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