As part of the Paycheck Protection Program ILLINOIS AUTO ELECTRIC CO was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

ILLINOIS AUTO ELECTRIC CO


Loan Amount	$1,214,600
BusinessName	ILLINOIS AUTO ELECTRIC CO
Address	2115 W. DIEHL RD
City	NAPERVILLE
State	IL
Zip	60563
NAICSCode	332710
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	78
DateApproved	04/09/2020
Lender	Old Second National Bank
CD	IL-06
BusinessName.clean	ILLINOIS AUTO ELECTRIC CO

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

ILLINOIS AUTO TRUCK CO
ILLINOIS BONE AND JOINT INSTITUTE
ILLINOIS BULK CARRIER
ILLINOIS CANCER SPECIALISTS
ILLINOIS CASUALTY COMPANY