PPP borrower record

ON ELECTRIC INC PPP loan record

Public SBA PPP loan record for ON ELECTRIC INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$55,697
Approved amount
$56,268
Forgiven amount
2020-05-22
Date approved

Borrower and loan details

Borrower
ON ELECTRIC INC
Loan number
2058517802
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Wayne
Borrower state
Illinois
Borrower ZIP
60184
Jobs reported
6
Loan status
Paid in Full
Forgiveness date
2021-05-27
Servicing lender
WebBank
Originating lender
WebBank

Reported use of proceeds

Payroll
$55,697
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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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.