PPP Loan information for Circle r electric inc

$1,072,200

Circle r electric inc was initially approved for PPP Loan of amount $1,072,200, the current approved amount is $1,072,200. The loan was approved on 01/22/2021 by The Peoples Bank reported 54 jobs and $1,072,200 was used to fund payroll.

Circle r electric inc is Existing or more than 2 years old

CIRCLE R ELECTRIC INC

Date Approved

01/22/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

CIRCLE R ELECTRIC INC

Borrower Address

5740 Central Ave

Borrower City

Portage

Borrower State

IN

Borrower Zip

46368-2949

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1072200.00

Current Approval Amount

1072200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81983

Servicing Lender Name

Peoples Bank

Servicing Lender Address

9204 Columbia Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portage

Project County Name

PORTER

Project State

IN

Project Zip

46368-2949

CD

IN-01

Jobs Reported

54

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1072196.00

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

Corporation

Originating Lender Location Id

81983

Originating Lender

Peoples Bank

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1079015.08

Forgiveness Date

09/15/2021

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