PPP Loan information for Bemrich electric and telephone inc.

$605,500

Bemrich electric and telephone inc. was initially approved for PPP Loan of amount $605,500, the current approved amount is $605,500. The loan was approved on 01/21/2021 by The Northwest Bank reported 24 jobs and $605,500 was used to fund payroll.

Bemrich electric and telephone inc. is Existing or more than 2 years old

BEMRICH ELECTRIC AND TELEPHONE INC.

Date Approved

01/21/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

BEMRICH ELECTRIC AND TELEPHONE INC.

Borrower Address

110 S 21st St

Borrower City

Fort Dodge

Borrower State

IA

Borrower Zip

50501-6712

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

605500.00

Current Approval Amount

605500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fort Dodge

Project County Name

WEBSTER

Project State

IA

Project Zip

50501-6712

CD

IA-04

Jobs Reported

24

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

605498.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

608325.67

Forgiveness Date

07/14/2021

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