PPP Loan information for Cec electric, llc

$364,000

Cec electric, llc was initially approved for PPP Loan of amount $364,000, the current approved amount is $364,000. The loan was approved on 04/03/2020 by The Northwest Bank reported 25 jobs and $364,000 was used to fund payroll.

Cec electric, llc is Existing or more than 2 years old

CEC ELECTRIC, LLC

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CEC ELECTRIC, LLC

Borrower Address

3 4th St NW

Borrower City

FORT DODGE

Borrower State

IA

Borrower Zip

50501-2322

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

364000.00

Current Approval Amount

364000.00

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

50501-2322

CD

IA-04

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

270800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

93200.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

367902.89

Forgiveness Date

05/05/2021

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