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PENCO ELECTRIC, INC.

Company Details

Entity Name: PENCO ELECTRIC, INC.
Jurisdiction: Illinois
Entity Type: Corporation - Domestic BCA
Status: Goodstanding
Date Formed: 12 Aug 2005
Company Number: CORP_64423754
File Number: 64423754
Type of Business: All Inclusive Purpose
Place of Formation: ILLINOIS

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PENCO ELECTRIC, INC. 401(K) PLAN 2023 203305436 2024-10-02 PENCO ELECTRIC, INC. 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2023-01-01
Business code 238210
Sponsor’s telephone number 8474751231
Plan sponsor’s address 7171 NORTH AUSTIN AVE, NILES, IL, 60714

Signature of

Role Plan administrator
Date 2024-10-02
Name of individual signing ALLISON BRECHER
Valid signature Filed with authorized/valid electronic signature

Agent

Name and Address Role Appointment Date
MARC W SARGIS, 7366 N LINCOLN AVE #406, LINCOLNWOOD, 60712, COOK-NOT IN CITY OF CHICAGO Agent 2015-08-10

President

Name and Address Role
PAUL THOMAS 7171 N AUSTIN AVENILES IL 60714 President

Assumed Names

Name Type Effective Date Cancellation Date Cancellation Type Last Renewal Date
PENCO GENERATORS, INC. Assume Name 2015-09-25 No data No data No data

Shares

Class Series Voting Rights Authorized Shares Issued Shares Par Value
COMMON No data Voting Rights 100000 1000000 No data

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
340994557 0524200 2015-10-19 300 S. CLIFTON AVE., PARK RIDGE, IL, 60068
Inspection Type Planned
Scope Partial
Safety/Health Safety
Close Conference 2015-10-19
Emphasis L: FALL, P: FALL
Case Closed 2016-01-28

Violation Items

Citation ID 01001
Citaton Type Serious
Standard Cited 19260501 B13
Issuance Date 2015-11-24
Abatement Due Date 2015-12-01
Current Penalty 2000.0
Initial Penalty 2800.0
Final Order 2015-12-03
Nr Instances 1
Nr Exposed 2
Gravity 10
FTA Current Penalty 0.0
Citation text line 29 CFR 1926.501(b)(13): Each employee(s) engaged in residential construction activities 6 feet (1.8 m) or more above lower levels were not protected by guardrail systems, safety net system, or personal fall arrest system, nor were employee(s) provided with an alternative fall protection measure under another provision of paragraph 1926.501 (b): a) Employees engaged in electrical work were not protected from fall hazards while working at an elevation of approximately 20 feet above the ground In accordance with 29 CFR 1903.19(d), abatement certification is required for this violation (using the CERTIFICATION OF CORRECTIVE ACTION WORKSHEET), and in addition, documentation demonstrating that abatement is complete must be included with your certification. This documentation may include, but is not limited to, evidence of the purchase or repair of the equipment, photographic or video evidence of abatement, or other written records.
Citation ID 01002
Citaton Type Serious
Standard Cited 19260503 A01
Issuance Date 2015-11-24
Abatement Due Date 2015-12-29
Current Penalty 1000.0
Initial Penalty 2000.0
Final Order 2015-12-03
Nr Instances 1
Nr Exposed 2
Gravity 5
FTA Current Penalty 0.0
Citation text line 29 CFR 1926.503(a)(1): The employer did not provide a training program for each employee who might be exposed to fall hazards: a) Employer did not provide training to each employee in order to recognize hazards associated with working at an elevation and to understand procedures to control or minimize those hazards. In accordance with 29 CFR 1903.19(c), abatement certification is required for this violation (using the CERTIFICATION OF CORRECTIVE ACTION WORKSHEET).

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4693297000 2020-04-04 0507 PPP 7133 AUSTIN AVE, NILES, IL, 60714-4617
Loan Status Date 2021-06-11
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 84500
Loan Approval Amount (current) 84500
Undisbursed Amount 0
Franchise Name -
Lender Location ID 442348
Servicing Lender Name Signature Bank
Servicing Lender Address 9450 W Bryn Mawr Ave, Ste 300, ROSEMONT, IL, 60018-5248
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address NILES, COOK, IL, 60714-4617
Project Congressional District IL-05
Number of Employees 10
NAICS code 335312
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 442348
Originating Lender Name Signature Bank
Originating Lender Address ROSEMONT, IL
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 85464.71
Forgiveness Paid Date 2021-05-26

Date of last update: 13 Feb 2025

Sources: Illinois Office of the Secretary of State