Date Approved
02/08/2021
SBA Office Code
0761
Processing Method
PPS
Borrower Name
BLACK ELECTRIC INC
Borrower Address
700 Maple St
Borrower City
Grinnell
Borrower State
IA
Borrower Zip
50112-2205
Loan Status Date
02/23/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
80857.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
529471
Servicing Lender Name
Itria Ventures LLC
Servicing Lender Address
One Penn Plaza, Suite 4530
Servicing Lender City
New York
Servicing Lender State
NY
Servicing Lender Zip
10119
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POWESHIEK
Project State
Project Zip
CD
IA-02
Jobs Reported
10
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
80856.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
81879.45
Forgiveness Date
05/16/2022