As part of the Paycheck Protection Program RISE ELECTRIC LLC 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.

RISE ELECTRIC LLC


Loan Amount	$933,200
BusinessName	RISE ELECTRIC LLC
Address	2057 N. OAKLEY AVE
City	CHICAGO
State	IL
Zip	60647
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	30
DateApproved	04/28/2020
Lender	CIBC Bank USA
CD	IL-05
BusinessName.clean	RISE ELECTRIC

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

ATGM
RISE MODULAR
ATH EMPLOYMENT
RISE RESIDENTIAL CONSTRUCTION
RISE RESIDENTIAL