PPP Loan information for Title electric company

$117,470

Title electric company was initially approved for PPP Loan of amount $117,470, the current approved amount is $117,470. The loan was approved on 01/30/2021 by The Busey Bank reported 5 jobs and $117,470 was used to fund payroll.

Title electric company is Existing or more than 2 years old

TITLE ELECTRIC COMPANY

Date Approved

01/30/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

TITLE ELECTRIC COMPANY

Borrower Address

3209 Doolittle Dr

Borrower City

Northbrook

Borrower State

IL

Borrower Zip

60062-2410

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117470.00

Current Approval Amount

117470.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

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

60062-2410

CD

IL-10

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

117466.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117995.35

Forgiveness Date

07/19/2021

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