PPP Loan information for Aj electric inc

$25,300

Aj electric inc was initially approved for PPP Loan of amount $25,300, the current approved amount is $25,300. The loan was approved on 06/26/2020 by The Peoples Bank reported 4 jobs and $25,300 was used to fund payroll.

Aj electric inc is Existing or more than 2 years old

AJ ELECTRIC INC

Date Approved

06/26/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

AJ ELECTRIC INC

Borrower Address

214 Highway 18 W

Borrower City

INWOOD

Borrower State

IA

Borrower Zip

51240-7837

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25300.00

Current Approval Amount

25300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25196

Servicing Lender Name

Peoples Bank

Servicing Lender Address

1230 Valley Dr

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1538

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INWOOD

Project County Name

LYON

Project State

IA

Project Zip

51240-7837

CD

IA-04

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25196

Originating Lender

Peoples Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

25549.49

Forgiveness Date

06/24/2021

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