As part of the Paycheck Protection Program PALOS ELECTRIC COMPANY, INC 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.

PALOS ELECTRIC COMPANY, INC


Loan Amount	$1,400,000
BusinessName	PALOS ELECTRIC COMPANY, INC
Address	14030 S KILDARE AVE
City	CRESTWOOD
State	IL
Zip	60418
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	46
DateApproved	06/05/2020
Lender	Republic Bank of Chicago
CD	IL-01
BusinessName.clean	PALOS ELECTRIC COMPANY

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

PALOS HEIGHTS REHABILITATION
PALOS HILLS HEALTHCARE
PALOS VERDES BUILDING CORP
PALPILOT INTERNATIONAL
PALZIV NORTH AMERICA