# PPP loan: PREMIUM ELECTRIC SERVICES INC.
> **$839K** approved 01/27/2021 · Paid in Full · Loan `7009308300`
## Borrower
- **Name:** PREMIUM ELECTRIC SERVICES INC.
- **Address:** 5200 Thatcher Rd, Downers Grove, IL, 60515-4053
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $839K
- **Initial approval:** $839K
- **Forgiven:** $847K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $839K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Union National Bank
- **Servicing:** Union National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*