'R' GUYS ELECTRIC, INC. (IL) - 2020 PPP Loan Borrower Profile (# 9435857002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 'R' GUYS ELECTRIC, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Illinois.

Loan Detail

Loan Number

9435857002

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$17,300

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$17,414.85

Date Loan was Forgiven

Dec 16, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

216.25

Payroll Proced

12,975

Mortgage Interest Proceed

4,108.75

Lender

Libertyville Bank & Trust Company, National Association

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

WAUCONDA, IL

Project Location

WAUCONDA, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.