PPP Loan information for Orchard electric inc.

$226,200

Orchard electric inc. was initially approved for PPP Loan of amount $226,200, the current approved amount is $226,200. The loan was approved on 02/02/2021 by The BMO Harris Bank National Association reported 17 jobs and $226,200 was used to fund payroll.

Orchard electric inc. is Existing or more than 2 years old

PPP Loan Search / IL / Alsip / Orchard electric inc.

ORCHARD ELECTRIC INC.

Date Approved

02/02/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ORCHARD ELECTRIC INC.

Borrower Address

4820 W 129th St

Borrower City

Alsip

Borrower State

IL

Borrower Zip

60803-3016

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

226200.00

Current Approval Amount

226200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alsip

Project County Name

COOK

Project State

IL

Project Zip

60803-3016

CD

IL-06

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

226198.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

227420.86

Forgiveness Date

08/30/2021

;