PPP Loan information for Brown electric of central iowa inc.

$39,540

Brown electric of central iowa inc. was initially approved for PPP Loan of amount $39,540, the current approved amount is $39,540. The loan was approved on 04/22/2021 by The Boone Bank & Trust Co. reported 3 jobs and $39,540 was used to fund payroll.

Brown electric of central iowa inc. is Existing or more than 2 years old

PPP Loan Search / IA / Boone / Brown electric of central iowa inc.

BROWN ELECTRIC OF CENTRAL IOWA INC.

Date Approved

04/22/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

BROWN ELECTRIC OF CENTRAL IOWA INC.

Borrower Address

1717 Industrial Park Rd

Borrower City

Boone

Borrower State

IA

Borrower Zip

50036

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39539.62

Current Approval Amount

39539.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24610

Servicing Lender Name

Boone Bank & Trust Co.

Servicing Lender Address

716 8th St

Servicing Lender City

BOONE

Servicing Lender State

IA

Servicing Lender Zip

50036-2705

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Boone

Project County Name

BOONE

Project State

IA

Project Zip

50036

CD

IA-04

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39536.62

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

Corporation

Originating Lender Location Id

24610

Originating Lender

Boone Bank & Trust Co.

Originating Lender City

BOONE

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

39737.32

Forgiveness Date

10/27/2021

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