PPP Loan information for Nolan electric construction inc

$88,400

Nolan electric construction inc was initially approved for PPP Loan of amount $88,400, the current approved amount is $88,400. The loan was approved on 04/09/2020 by The Town Center Bank reported 7 jobs and $88,400 was used to fund payroll.

Nolan electric construction inc is Existing or more than 2 years old

NOLAN ELECTRIC CONSTRUCTION INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NOLAN ELECTRIC CONSTRUCTION INC

Borrower Address

10418 LINUS LN

Borrower City

OAK LAWN

Borrower State

IL

Borrower Zip

60453-4709

Loan Status Date

07/23/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88400.00

Current Approval Amount

88400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

443578

Servicing Lender Name

Town Center Bank

Servicing Lender Address

20181 S LaGrange Rd

Servicing Lender City

FRANKFORT

Servicing Lender State

IL

Servicing Lender Zip

60423-3102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK LAWN

Project County Name

COOK

Project State

IL

Project Zip

60453-4709

CD

IL-06

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88400.00

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

443578

Originating Lender

Town Center Bank

Originating Lender City

FRANKFORT

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

89090.01

Forgiveness Date

01/28/2021

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