PPP Loan information for Alexander electric inc

$114,694

Alexander electric inc was initially approved for PPP Loan of amount $114,694, the current approved amount is $114,694. The loan was approved on 02/11/2021 by The German American Bank reported 13 jobs and $114,694 was used to fund payroll.

Alexander electric inc is Existing or more than 2 years old

ALEXANDER ELECTRIC INC

Date Approved

02/11/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ALEXANDER ELECTRIC INC

Borrower Address

5970 W State Road 48

Borrower City

Bloomington

Borrower State

IN

Borrower Zip

47404-9156

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114694.17

Current Approval Amount

114694.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

MONROE

Project State

IN

Project Zip

47404-9156

CD

IN-09

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

114693.17

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116048.50

Forgiveness Date

04/20/2022

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