PPP Loan information for Copper electric company

$35,000

Copper electric company was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 04/28/2020 by The Marion County State Bank reported 5 jobs and $35,000 was used to fund payroll.

Copper electric company is Existing or more than 2 years old

PPP Loan Search / IA / PELLA / Copper electric company

COPPER ELECTRIC COMPANY

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

COPPER ELECTRIC COMPANY

Borrower Address

15 Vermeer Road

Borrower City

PELLA

Borrower State

IA

Borrower Zip

50219

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25371

Servicing Lender Name

Marion County State Bank

Servicing Lender Address

800 Main St

Servicing Lender City

PELLA

Servicing Lender State

IA

Servicing Lender Zip

50219-1522

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELLA

Project County Name

MARION

Project State

IA

Project Zip

50219-0001

CD

IA-01

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35000.00

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

25371

Originating Lender

Marion County State Bank

Originating Lender City

PELLA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35320.27

Forgiveness Date

04/01/2021

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