PPP borrower record
ELECTROL SPECIALTIES COMPANY PPP loan record
Public SBA PPP loan record for ELECTROL SPECIALTIES COMPANY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$442,000
Approved amount
$446,580
Forgiven amount
2020-04-09
Date approved
Borrower and loan details
Borrower
ELECTROL SPECIALTIES COMPANY
Loan number
9256877002
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
South Beloit
Borrower state
Illinois
Borrower ZIP
61080
Jobs reported
37
Loan status
Paid in Full
Forgiveness date
2021-04-26
Servicing lender
Blackhawk Bank
Originating lender
Blackhawk Bank
Reported use of proceeds
Payroll
$421,000
Rent
$2,000
Utilities
$18,500
Mortgage interest
N/A
Health care
N/A
Debt interest
$500
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.