As part of the Paycheck Protection Program TAYLOR ELECTRIC COMPANY 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.

TAYLOR ELECTRIC COMPANY


Loan Amount	$1,500,000
BusinessName	TAYLOR ELECTRIC COMPANY
Address	7811 S Stony Island Ave
City	CHICAGO
State	IL
Zip	60649
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Black or African American
Gender	Female Owned
Veteran	Non-Veteran
NonProfit
JobsReported	60
DateApproved	04/06/2020
Lender	Busey Bank
CD	IL-01
BusinessName.clean	TAYLOR 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

TAYLOR ELECTRIC COOPERATIVE
TAYLOR ELECTRIC
TAYLOR EMPLOYEE LEASING
TAYLOR ENGINEERING
TAYLOR ENGLISH DUMA L