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GROUND EFFECTS ELECTRIC LLC

Company Details

Entity Name: GROUND EFFECTS ELECTRIC LLC
Jurisdiction: Illinois
Entity Type: Limited Liability Company
Status: Goodstanding
Date Formed: 30 Jan 2024
Company Number: LLC_14283226
File Number: 14283226
Type of Management: Manager Managed
Date Status Change: 02 Jan 2025
Address 20336 ARROWHEAD RD, ASHMORE, 61912, IL
Place of Formation: ILLINOIS

Agent

Name and Address Role Appointment Date
SAGER FINANCIAL SERVICES, INC., 655 W LINCOLN AVE STE 6, CHARLESTON, 61920 Agent 2024-01-30

Manager

Name and Address Role Appointment Date
WALKER, JERON R, 20336 ARROWHEAD RD, ASHMORE, IL, 61912 Manager 2025-01-02

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3210517301 2020-04-29 0507 PPP 20336 ARROWHEAD RD, ASHMORE, IL, 61912-9117
Loan Status Date 2021-03-13
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 35417
Loan Approval Amount (current) 35417
Undisbursed Amount 0
Franchise Name -
Lender Location ID 22712
Servicing Lender Name First Neighbor Bank, National Association
Servicing Lender Address 201 N Meridian, TOLEDO, IL, 62468-1014
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address ASHMORE, COLES, IL, 61912-9117
Project Congressional District IL-12
Number of Employees 3
NAICS code 221118
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Sole Proprietorship
Originating Lender ID 22712
Originating Lender Name First Neighbor Bank, National Association
Originating Lender Address TOLEDO, IL
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 35704.22
Forgiveness Paid Date 2021-02-25

Date of last update: 13 Mar 2025

Sources: Illinois Office of the Secretary of State