PPP Loan information for Shoreline electric company inc

$77,500

Shoreline electric company inc was initially approved for PPP Loan of amount $77,500, the current approved amount is $77,500. The loan was approved on 04/27/2020 by The Northbrook Bank & Trust Company, National Association reported 3 jobs and $77,500 was used to fund payroll.

Shoreline electric company inc is Existing or more than 2 years old

PPP Loan Search / IL / WHEELING / Shoreline electric company inc

SHORELINE ELECTRIC COMPANY INC

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SHORELINE ELECTRIC COMPANY INC

Borrower Address

515 N Wolf Road

Borrower City

WHEELING

Borrower State

IL

Borrower Zip

60090-3027

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203722

Servicing Lender Name

Northbrook Bank & Trust Company, National Association

Servicing Lender Address

1100 Waukegan Rd

Servicing Lender City

NORTHBROOK

Servicing Lender State

IL

Servicing Lender Zip

60062-4663

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WHEELING

Project County Name

COOK

Project State

IL

Project Zip

60090-3027

CD

IL-10

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7750.00

Payroll Proceed

58125.00

Mortgage Interest Proceed

0.00

Rent Proceed

11625.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

203722

Originating Lender

Northbrook Bank & Trust Company, National Association

Originating Lender City

NORTHBROOK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78040.35

Forgiveness Date

01/07/2021

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