PPP Loan information for Illinois auto electric co.

$1,297,100

Illinois auto electric co. was initially approved for PPP Loan of amount $1,297,100, the current approved amount is $1,297,100. The loan was approved on 01/23/2021 by The Old Second National Bank reported 78 jobs and $1,297,100 was used to fund payroll.

Illinois auto electric co. is Existing or more than 2 years old

PPP Loan Search / IL / Naperville / Illinois auto electric co.

ILLINOIS AUTO ELECTRIC CO.

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ILLINOIS AUTO ELECTRIC CO.

Borrower Address

2115 W Diehl Rd

Borrower City

Naperville

Borrower State

IL

Borrower Zip

60563-2359

Loan Status Date

05/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1297100.00

Current Approval Amount

1297100.00

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

Naperville

Project County Name

DUPAGE

Project State

IL

Project Zip

60563-2359

CD

IL-11

Jobs Reported

78

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1297098.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1313565.96

Forgiveness Date

04/28/2022

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